Greene County, New York Housing Market

In Greene County, New York, the median home value is $271,600, with a median monthly rent of $1,004. This places Greene County at #774 nationally out of 3134 counties by median home value, and #18 within New York.

Median Home Value $271,600
Median Rent $1,004/mo
Owner Occupancy 77.2%
Price/Rent Ratio 22.5

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Greene County rose +1.7% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

10,481
jobs (private sector)
  • Avg weekly wage: $1,011
  • Establishments: 1,278
  • BLS QCEW, 2025
🏗️

Housing Supply

140
new units authorized (2025)
  • Single-family: 135
  • Multi-family: 5
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+801
net migration (filers, 2021-2022)
  • Inflow: 20,262 (avg $78,566)
  • Outflow: 19,461 (avg $77,314)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Greene County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 12414 430.4 +7.95% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Greene County Compares

MetricGreene CountyNew York AverageU.S. Average
Median Home Value $271,600 $281,200 $227,706
Median Gross Rent $1,004 $1,168 $968
Owner Occupancy Rate 77.2% 69.3% 73.3%
Price/Rent Ratio 22.5 18.4 18.7

Market Analysis

The median home value in Greene County is 3.4% below the New York state average and 19.3% above the U.S. national average. The median rent of $1,004/month is 14.0% below the state average.

With a price-to-rent ratio of 22.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Greene County has an owner-occupancy rate of 77.2%, compared to 69.3% in New York and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Grundy County Illinois $271,700 $1,177
Saunders County Nebraska $271,700 $960
Stark County North Dakota $271,700 $960
Jerome County Idaho $271,800 $966
Orange County Vermont $271,300 $1,173

Other Counties in New York

CountyMedian Home ValueMedian RentOwner Occ.
Warren County $267,400 $1,105 72.1%
Hamilton County $260,200 $912 82.4%
Rensselaer County $258,400 $1,217 64.8%
Tompkins County $290,900 $1,411 54.1%
Sullivan County $249,000 $1,106 67.4%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).