The typical owner-occupied home in Oneonta is worth about $184,100, 57% below the New York median of $423,800 and 45% below the national median of $332,700. Owners pay a median $3,600 a year in property taxes, about 1.96% of their home's value, higher than the New York rate of 1.55%. The median household earns $61,111 a year, so the median home costs 3.0 times the median income (4.9 times for New York). 46% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Oneonta at a glance
| Oneonta | New York | U.S. | |
|---|---|---|---|
| Median home value | $184,100 | $423,800 | $332,700 |
| Median property tax paid per year | $3,600 | $6,582 | $3,119 |
| Property tax as a share of value | 1.96% | 1.55% | 0.94% |
| Median household income | $61,111 | $85,974 | $80,734 |
| Homes lived in by their owners | 46% | 54% | 65% |
| Owner homes with a mortgage | 56% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,609 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 20.5% | 22.5% | 21.0% |
| Median rent | $1,021 | $1,621 | $1,413 |
| Rent as a share of renters' income | 28.9% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 17.4% | 10.0% | 10.1% |
| Population | 15,045 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Oneonta
At this week's average 30-year rate of 7.11%, buying the median Oneonta home of $184,100 with 20% down costs about $1,368 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,675, 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 $58,636 for the 20%-down payment. That payment is 27% of the median Oneonta household income of $61,111; at that income and 20% down, the 28% guideline points to a home of about $192,000.
The median rent here is $1,021 a month, so owning the median home costs about $347 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,820 |
|---|---|
| Loan amount | $147,280 |
| Principal and interest | $991 |
| Property taxes (1.96% a year) | $301 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| PMI | $0 |
| Total per month | $1,368 |
Change the numbers in the calculator
| Down payment | $6,444 |
|---|---|
| Loan amount | $180,765 |
| Principal and interest | $1,216 |
| Property taxes (1.96% a year) | $301 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| FHA mortgage insurance | $81 |
| Total per month | $1,675 |
Change the numbers in the calculator
Questions about home buying in Oneonta
What is the median home value in Oneonta?
About $184,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Oneonta?
Homeowners pay a median $3,600 a year, which is about 1.96% 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 Oneonta?
For the median home with 20% down at 7.11%, the payment is about $1,368 a month. Keeping that under 28% of gross income takes about $58,636 a year.
More about Oneonta
- Mortgage Refinance in Oneonta
- Debt Relief in Oneonta
- Home Equity Loans in Oneonta
- 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