Lewis County, New York Housing Market
In Lewis County, New York, the median home value is $166,100, with a median monthly rent of $837. This places Lewis County at #1881 nationally out of 3134 counties by median home value, and #44 within New York.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,018
- Establishments: 531
- BLS QCEW, 2025
Housing Supply
- Single-family: 99
- Multi-family: 34
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 10,581 (avg $63,827)
- Outflow: 10,240 (avg $63,865)
- IRS Statistics of Income
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| Metric | Lewis County | New York Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $166,100 | $281,200 | $227,706 |
| Median Gross Rent | $837 | $1,168 | $968 |
| Owner Occupancy Rate | 80.2% | 69.3% | 73.3% |
| Price/Rent Ratio | 16.5 | 18.4 | 18.7 |
Market Analysis
The median home value in Lewis County is 40.9% below the New York state average and 27.1% below the U.S. national average. The median rent of $837/month is 28.3% below the state average.
With a price-to-rent ratio of 16.5, the buy-vs-rent decision in Lewis County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Lewis County has an owner-occupancy rate of 80.2%, 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
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Harding County | South Dakota | $166,100 | $521 |
| Ottawa County | Kansas | $166,000 | $809 |
| Dawson County | Nebraska | $166,200 | $925 |
| Renville County | North Dakota | $166,000 | $828 |
| Huron County | Ohio | $166,000 | $848 |
Other Counties in New York
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Fulton County | $163,100 | $912 | 71.4% |
| Wyoming County | $162,300 | $802 | 75.9% |
| Wayne County | $170,000 | $938 | 79.9% |
| Cortland County | $162,100 | $984 | 66.3% |
| Genesee County | $170,500 | $929 | 73.8% |
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).