Market Overview
Home Prices in Wheatly Heights, NY
The median home value in Wheatly Heights, NY is $755,126 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wheatly Heights are priced84% above average. Wheatly Heights is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Price History
Wheatly Heights Home Price Trend
2024
$670,868
$671K
—
2025
$731,442
$731K
+9.0%
2026
$755,126
$755K
+3.2%
City Comparison
Wheatly Heights vs. National Median
🏠 Wheatly Heights
$755,126
National Median
$410,000
At $755,126, homes in Wheatly Heights cost 84% above the national median of $410,000. Buyers in Wheatly Heights should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Wheatly Heights?
20% Down Payment
$151,025
on $755,126
Monthly P&I
$3,938/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,001/mo
incl. taxes & insurance
Income Needed
$200,040
gross annual (30% rule)
10% Down Option
$75,513
+ PMI applies
Loan Amount (20% dn)
$604,101
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wheatly Heights, NY?
The median home value in Wheatly Heights is $755,126 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Wheatly Heights?
Over the past year, home values in Wheatly Heights have increased by 3.2%.
How much do I need to earn to buy a home in Wheatly Heights?
To comfortably afford the median home price of $755,126 with a 20% down payment ($151,025) at today's rates (6.8%), you'd need a gross annual income of approximately $200,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Wheatly Heights compare to the national average home price?
The national median home value is approximately $410,000. At $755,126, homes in Wheatly Heights are 84% above the national average.
What metro area is Wheatly Heights part of?
Wheatly Heights is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.