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These days, finding an affordable place to live in the Hammondsport area can be challenging. Home prices in Hammondsport are now at a median cost of $250,197, lower than the New York average of $610,895.
The average cost of rent is $935/mo in Hammondsport, primarily driven by the current value of real estate in the Hammondsport area. In Hammondsport, 12.44% of households rent, and 62.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hammondsport is $6,774 per month. Households that rent pay about 13.80% of their income on rent here. Hammondsport’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Urbana, NY: higher priced homes
- South Pulteney, NY: equally priced homes
- Wayne, NY: higher priced homes
- Weston, NY: less expensive homes
- Mitchellsville, NY: less expensive homes
- Bradford, NY: less expensive homes
- Pulteney, NY: less expensive homes
- Sonora, NY: less expensive homes
- Prattsburgh, NY: less expensive homes
- Wheeler, NY: less expensive homes
Cities with Similar Populations
- Austinburg, OH: less expensive homes
- Urbana, IA: equally priced homes
- Benzonia, MI: equally priced homes
- Berlin Heights, OH: less expensive homes
- Buckley, MI: less expensive homes
- Jal, NM: less expensive homes
- Germansville, PA: higher priced homes
- Union, MI: equally priced homes
- Guttenberg, IA: less expensive homes
- North Monroe, LA: less expensive homes
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