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Lake Mohegan, NY

Full City Profile · New York · Putnam County County

4.0 /5.0
A Great
5,566 Population 1,926/sq mi density
$160,741 Median Income $72,350 per capita
$483,700 Home Value $572,952 Zillow
$2,685 Median Rent 32.2% income on rent
50°F Avg Temperature 271 sunny days/yr
224 Violent Crime/100K 785 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$160,741 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$483,700 home value, $2,685/mo rent
F
Safety
1.0 / 5.0
224 violent crimes/100K
A+
Education
5.0 / 5.0
58.4% bachelor's degree or higher

Housing Overview

Median Home Value
$483,700
72% above
US avg: $281,900
Median Rent
$2,685/mo
131% above
US avg: $1,163/mo
Homeownership Rate
77.7%
19% above US avg (65.4%)
Total Housing Units
2,182
Median year built: 1974

Home Value by Source

Census Median
$483,700
Zillow (ZHVI)
$572,952
Median Sale Price
$520,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.7%
Owner-Occupied
22.3%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $2,685/mo

Market Indicators (Redfin)

Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$278
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
77.7%

Complete Housing Data

Home Values

Census Median Value$483,700
Zillow Home Value (ZHVI)$572,952
Median Sale Price$520,000
Price Per Sq Ft$278

Rent

Census Median Rent$2,685
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Days on Market38
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold5
Active Inventory7
Price Per Sq Ft$278

Ownership & Stock

Owner-Occupied77.7%
Renter-Occupied22.3%
Homeownership Rate77.7%
Total Housing Units2,182
Median Year Built1974
Rent Burden32.2%