Penn Yan, NY
Full City Profile · New York · Yates County County
4.0
/5.0
A
Great
4,800
Population
2,000/sq mi density
$51,466
Median Income
$32,602 per capita
$143,000
Home Value
$346,649 Zillow
$680
Median Rent
25.4% income on rent
49°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
B+
Economy
3.9 / 5.0
$51,466 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$143,000 home value, $680/mo rent
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)
$346,649
Redfin Median Sale
$189,000
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
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 Sale Price
$189,000
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) | $346,649 |
| Redfin Median Sale | $189,000 |
| 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 Market | 19 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.2% |
| Homes Sold | 3 |
| Active Inventory | 11 |
| Price Per Sq Ft | $132 |
Ownership & Stock
| Owner-Occupied | 59.4% |
| Renter-Occupied | 40.6% |
| Homeownership Rate | 59.4% |
| Total Housing Units | 2,550 |
| Median Year Built | 1945 |
| Rent Burden | 25.4% |