The typical owner-occupied home in Weedsport is worth about $166,800, 61% below the New York median of $423,800 and 50% below the national median of $332,700. Owners pay a median $4,302 a year in property taxes, about 2.58% of their home's value, higher than the New York rate of 1.55%. The median household earns $70,865 a year, so the median home costs 2.4 times the median income (4.9 times for New York). 66% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Weedsport at a glance
| Weedsport | New York | U.S. | |
|---|---|---|---|
| Median home value | $166,800 | $423,800 | $332,700 |
| Median property tax paid per year | $4,302 | $6,582 | $3,119 |
| Property tax as a share of value | 2.58% | 1.55% | 0.94% |
| Median household income | $70,865 | $85,974 | $80,734 |
| Homes lived in by their owners | 66% | 54% | 65% |
| Owner homes with a mortgage | 65% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,496 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 20.3% | 22.5% | 21.0% |
| Median rent | $1,156 | $1,621 | $1,413 |
| Rent as a share of renters' income | 31.3% | 31.2% | 30.6% |
| Median year homes were built | 1957 | 1959 | 1980 |
| Vacant homes | 6.1% | 10.0% | 10.1% |
| Population | 1,954 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Weedsport
At this week's average 30-year rate of 7.11%, buying the median Weedsport home of $166,800 with 20% down costs about $1,326 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,604, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $56,819 for the 20%-down payment. That payment is 22% of the median Weedsport household income of $70,865; at that income and 20% down, the 28% guideline points to a home of about $208,000.
The median rent here is $1,156 a month, so owning the median home costs about $170 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,360 |
|---|---|
| Loan amount | $133,440 |
| Principal and interest | $898 |
| Property taxes (2.58% a year) | $359 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,326 |
Change the numbers in the calculator
| Down payment | $5,838 |
|---|---|
| Loan amount | $163,779 |
| Principal and interest | $1,102 |
| Property taxes (2.58% a year) | $359 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,604 |
Change the numbers in the calculator
Questions about home buying in Weedsport
What is the median home value in Weedsport?
About $166,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Weedsport?
Homeowners pay a median $4,302 a year, which is about 2.58% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Weedsport?
For the median home with 20% down at 7.11%, the payment is about $1,326 a month. Keeping that under 28% of gross income takes about $56,819 a year.
More about Weedsport
- Mortgage Refinance in Weedsport
- Debt Relief in Weedsport
- Home Equity Loans in Weedsport
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data