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Advertise here →Canastota, NY · Market Data
Canastota, New York real estate market data.
Real estate market data for Canastota, NY (Madison County) — Census median home value $131,500, county listing prices up about 12.3% over the past year.
Canastota, NY is in Madison County, New York — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,527, with a median household income of $71,250. Census data puts Canastota's median home value at $131,500 (all owner-occupied homes); Madison County's current median listing price runs $391,500, up about 12.3% over the past year.
At a glance
Canastota market snapshot
Population
4,527
Median Household Income
$71,250
Median Home Value (city)
$131,500
Median Listing Price (Madison County)
$391,500
Median Gross Rent
$886/mo
Price Trend (YoY)
+12.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Canastota different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Canastota's median home value — across all owner-occupied homes, not just recent sales — at $131,500. Separately, Madison County's current median listing price (via Realtor.com data, 2026-06-01) runs $391,500. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Madison County's FHFA house price index shows a 8.26% annual change in 2025.
Population & Income
Canastota has an estimated population of 4,527 and a median household income of $71,250, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Canastota's Census-reported median home value works out to about 1.8x the area's median household income, and median gross rent runs roughly 15% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Canastota FAQ
What are home values like in Canastota, NY?
The Census Bureau's American Community Survey puts Canastota's median home value at $131,500. Madison County's current median listing price runs $391,500, up about 12.3% over the past year.
What is the population of Canastota, NY?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Canastota's population at approximately 4,527.
What's the median rent in Canastota, NY?
The Census ACS estimates median gross rent in Canastota at approximately $886 per month.
What is the median household income in Canastota, NY?
Census ACS data puts the median household income in Canastota at approximately $71,250.
Is the Canastota housing market growing?
Madison County's FHFA house price index shows a 8.26% annual change in 2025.
Is Canastota, NY affordable relative to income?
Census ACS data puts Canastota's median home value at about 1.8 times the median household income, with median gross rent equal to roughly 15% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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