Monroe County, New York Housing Market
In Monroe County, New York, the median home value is $213,700, with a median monthly rent of $1,173. This places Monroe County at #1262 nationally out of 3134 counties by median home value, and #26 within New York.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,321
- Establishments: 19,066
- BLS QCEW, 2025
Housing Supply
- Single-family: 586
- Multi-family: 169
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 319,656 (avg $85,660)
- Outflow: 316,321 (avg $85,962)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Monroe County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 14476 | 381.2 | +33.75% | 2025 |
| 2 | 14445 | 274.2 | +3.51% | 2025 |
| 3 | 14619 | 305.1 | +3.92% | 2025 |
| 4 | 14506 | 262.4 | +2.31% | 2025 |
| 5 | 14613 | 273.3 | +20.30% | 2025 |
| 6 | 14623 | 284.9 | +8.88% | 2025 |
| 7 | 14606 | 263.6 | +11.55% | 2025 |
| 8 | 14625 | 277.9 | +13.93% | 2025 |
| 9 | 14607 | 312.1 | +12.63% | 2025 |
| 10 | 14616 | 247.6 | +5.47% | 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.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Monroe County Compares
| Metric | Monroe County | New York Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $213,700 | $281,200 | $227,706 |
| Median Gross Rent | $1,173 | $1,168 | $968 |
| Owner Occupancy Rate | 63.7% | 69.3% | 73.3% |
| Price/Rent Ratio | 15.2 | 18.4 | 18.7 |
Market Analysis
The median home value in Monroe County is 24.0% below the New York state average and 6.2% below the U.S. national average. The median rent of $1,173/month is about equal to the state average.
With a price-to-rent ratio of 15.2, the buy-vs-rent decision in Monroe County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Monroe County has an owner-occupancy rate of 63.7%, compared to 69.3% in New York and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lander County | Nevada | $213,800 | $902 |
| Person County | North Carolina | $213,900 | $864 |
| Washington County | Virginia | $214,000 | $854 |
| Penobscot County | Maine | $214,100 | $1,041 |
| Lake County | Ohio | $214,100 | $1,113 |
Other Counties in New York
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Essex County | $211,900 | $934 | 77.3% |
| Ontario County | $222,900 | $1,150 | 73.7% |
| Onondaga County | $200,200 | $1,108 | 65.9% |
| Washington County | $196,200 | $1,033 | 76.6% |
| Erie County | $233,800 | $1,090 | 65.8% |
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).