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Housing in Pharsalia

A typical Pharsalia home is worth roughly $126,000

Typical home value
$126K
NY $527K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$1,925
NY $6,582

What kind of housing town is Pharsalia?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.6 years of income

Less than across New York (6.1 years). Try your own numbers below.

You could afford about
$276,000
Typical Pharsalia home $126K

That covers a typical Pharsalia home, with $149K to spare.

The typical home, each month
$820
Loan $630Tax $160Insurance $40

A two-bedroom rents for about $990 a month here, $170 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pharsalia’s typical property tax (1.52% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

84% of Pharsalia households own their home

Half of Pharsalia’s homes were built before 1974.

Owners and renters
Own 84%Rent 16%

New York: 54% own.

1974
typical home built · NY 1959
$1,925
median property tax bill · NY $6,582
1.52%
of a home’s value, a year in tax · NY 1.55%
21%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $990

Renters already here pay a median of $913.

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$870
2 bedrooms$990
3 bedrooms$1,380
4 bedrooms$1,510
16%
of households rent · NY 46%
17
renter households
$913
median rent paid today · Census

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.

Next door

Pharsalia vs. its neighbors

Pharsalia is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Pharsalia$126K*—$990$77,083
McDonough$113K*—$980$68,266
Otselic$108K*—$1,100$63,854
Plymouth$155K*—$1,050$78,148
Pitcher$116K*—$1,020$56,667

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 Pharsalia buyers, sellers and renters are saying.

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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.

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