Local agent spot
This featured-agent spot is open for a licensed local real estate professional in New York.
Advertise here →Penn Yan, NY · Market Data
Real estate market data for Penn Yan, NY (Yates County) — Census median home value $143,000, county listing prices up about 6.4% over the past year.
Penn Yan, NY is in Yates 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 4,800, with a median household income of $51,466. Census data puts Penn Yan's median home value at $143,000.
At a glance
4,800
$51,466
$143,000
$680/mo
+6.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
Local resources
This featured-agent spot is open for a licensed local real estate professional in New York.
Advertise here →Estimate a comfortable price range in under a minute, then connect with a lender for real numbers.
Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →
Lenders, inspectors, movers, and other local pros — this spot is open.
Advertise here →Why Penn Yan
The Census Bureau's American Community Survey (2023 5-year estimate) puts Penn Yan's median home value — across all owner-occupied homes, not just recent sales — at $143,000.
Yates County's FHFA house price index shows a 6.38% annual change in 2025.
Penn Yan has an estimated population of 4,800 and a median household income of $51,466, per the Census Bureau's American Community Survey (2023 5-year estimate).
Penn Yan's Census-reported median home value works out to about 2.8x the area's median household income, and median gross rent runs roughly 16% 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
The Census Bureau's American Community Survey puts Penn Yan's median home value at $143,000.
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Penn Yan's population at approximately 4,800.
The Census ACS estimates median gross rent in Penn Yan at approximately $680 per month.
Census ACS data puts the median household income in Penn Yan at approximately $51,466.
Yates County's FHFA house price index shows a 6.38% annual change in 2025.
Census ACS data puts Penn Yan's median home value at about 2.8 times the median household income, with median gross rent equal to roughly 16% 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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