A typical McDonough home is worth roughly $113,000
What kind of housing town is McDonough?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.7 years of income
Less than across New York (6.1 years). Try your own numbers below.
That covers a typical McDonough home, with $110K to spare.
A two-bedroom rents for about $980 a month here, $180 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, McDonough’s typical property tax (2.25% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
92% of McDonough households own their home
Half of McDonough’s homes were built before 1971.
New York: 54% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $980
Renters already here pay a median of $950.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Chenango County, NY): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
McDonough vs. its neighbors
McDonough is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| McDonough | $113K* | — | $980 | $68,266 |
| Pharsalia | $126K* | — | $990 | $77,083 |
| Preston | $122K* | — | $980 | $85,625 |
| Smithville | $173K* | — | $1,050 | $70,433 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What McDonough buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.