The typical owner-occupied home in Greenvale is worth about $745,100, 76% above the New York median of $423,800 and 2.2 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.34% of their home's value, lower than the New York rate of 1.55%. The median household earns $120,125 a year, so the median home costs 6.2 times the median income (4.9 times for New York). 95% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Greenvale at a glance
| Greenvale | New York | U.S. | |
|---|---|---|---|
| Median home value | $745,100 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 1.34% | 1.55% | 0.94% |
| Median household income | $120,125 | $85,974 | $80,734 |
| Homes lived in by their owners | 95% | 54% | 65% |
| Owner homes with a mortgage | 49% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,944 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 37.4% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1968 | 1959 | 1980 |
| Vacant homes | 0.0% | 10.0% | 10.1% |
| Population | 1,113 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Greenvale
At this week's average 30-year rate of 7.11%, buying the median Greenvale home of $745,100 with 20% down costs about $5,152 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,394, 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 $220,815 for the 20%-down payment. That payment is 51% of the median Greenvale household income of $120,125; at that income and 20% down, the 28% guideline points to a home of about $405,000.
| Down payment | $149,020 |
|---|---|
| Loan amount | $596,080 |
| Principal and interest | $4,010 |
| Property taxes (1.34% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $310 |
| PMI | $0 |
| Total per month | $5,152 |
Change the numbers in the calculator
| Down payment | $26,078 |
|---|---|
| Loan amount | $731,604 |
| Principal and interest | $4,922 |
| Property taxes (1.34% a year) | $832 |
| Homeowners insurance (our estimate, 0.5% a year) | $310 |
| FHA mortgage insurance | $330 |
| Total per month | $6,394 |
Change the numbers in the calculator
Questions about home buying in Greenvale
What is the median home value in Greenvale?
About $745,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Greenvale?
Homeowners pay a median $10,001 a year, which is about 1.34% 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 Greenvale?
For the median home with 20% down at 7.11%, the payment is about $5,152 a month. Keeping that under 28% of gross income takes about $220,815 a year.
More about Greenvale
- Mortgage Refinance in Greenvale
- Debt Relief in Greenvale
- Home Equity Loans in Greenvale
- 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