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Penn Yan, NY

Full City Profile · New York · Yates County County

3.3 /5.0
B Good
4,800 Population 2,000/sq mi density
$51,466 Median Income $32,602 per capita
$143,000 Home Value $313,487 Zillow
$680 Median Rent 25.4% income on rent
49°F Avg Temperature 260 sunny days/yr
144 Violent Crime/100K 2,655 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$51,466 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$143,000 home value, $680/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher

Housing Overview

Median Home Value
$143,000
49% below
US avg: $281,900
Median Rent
$680/mo
42% below
US avg: $1,163/mo
Homeownership Rate
59.4%
9% below US avg (65.4%)
Total Housing Units
2,550
Median year built: 1945

Home Value by Source

Census Median
$143,000
Zillow (ZHVI)
$313,487
Median Sale Price
$189,000
Median List Price
$170,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

59.4%
Owner-Occupied
40.6%
Renter-Occupied
59%
41%
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: $680/mo

Market Indicators (Redfin)

Median Days on Market
19 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$132
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
25.4%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
59.4%

Complete Housing Data

Home Values

Census Median Value$143,000
Zillow Home Value (ZHVI)$313,487
Median Sale Price$189,000
Median List Price$170,000
Price Per Sq Ft$132

Rent

Census Median Rent$680
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 Market19
Sale-to-List Ratio1.0%
Price Drops18.2%
Homes Sold3
Active Inventory11
Price Per Sq Ft$132

Ownership & Stock

Owner-Occupied59.4%
Renter-Occupied40.6%
Homeownership Rate59.4%
Total Housing Units2,550
Median Year Built1945
Rent Burden25.4%