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Featured local agent — Jerusalem, NY
Sarah Mitchell
Compass Real Estate · Jerusalem, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Jerusalem, NY Housing Market
The last median sale price Redfin published was $255,000, -67.6% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 7 days, Jerusalem is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $255,000 home is about $1,311/mo in principal and interest.
Key numbers for Jerusalem, NY
Median sale price
$255,000
-67.6% year over year
Redfin, through September 2025
Days on market
7
Fast-moving
Redfin, through September 2025
Active listings
1
1.0 months of supply
Redfin, through September 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
96.2%
Selling below asking
Redfin, through September 2025
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Jerusalem a buyer's or seller's market?
Jerusalem, NY is a strong seller's market, based on 1.0 months of supply and homes selling in about 7 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Jerusalem housing market data show?
Every row below is Redfin's final published month for Jerusalem, NY. Redfin, through September 2025
| Metric | Value |
|---|---|
| Median sale price | $255,000 |
| Median list price | $108,000 |
| Year-over-year price change | -67.6% |
| Median price per sq ft | $212/sq ft |
| Median days on market | 7 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.2% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Jerusalem is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Jerusalem is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Jerusalem home prices moved?
Across the 24 months we hold for Jerusalem, NY, the median sale price fell 62.2%, from $675,000 in April 2021 to $255,000. 100.0% of Jerusalem listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 96.2%. Watch those two together — they move before the median does.
Redfin, through September 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Jerusalem?
Priced off the median sale price of $255,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $51,000 | $204,000 | $1,311/mo |
| 5% | $12,750 | $242,250 | $1,557/mo |
Redfin, through September 2025 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,311, that implies roughly $56,184 a year before you add taxes and insurance. We do not hold a Census income figure for Jerusalem, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Jerusalem in the next 12 months?
Tell us your timeline. We send the Jerusalem market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Jerusalem?
Zillow does not publish a rent index (ZORI) for Jerusalem, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Jerusalem?
Active listings in Jerusalem, NY went from 2 in April 2021 to 1 in September 2025, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| April 2021 | 2 | 1 |
| May 2021 | 3 | 2 |
| June 2021 | 3 | 1 |
| July 2021 | 2 | not published |
| September 2021 | 1 | 1 |
| July 2022 | 1 | 1 |
| August 2023 | 1 | 1 |
| August 2024 | 1 | not published |
| July 2025 | 1 | not published |
| August 2025 | 1 | not published |
| September 2025 | 1 | 1 |
Redfin, through September 2025
How does Jerusalem compare to New York and the U.S.?
Jerusalem homes sell for $255,000 — 59% below the New York median of $620,500. Against the national median of $410,700, Jerusalem runs 38% lower. Year-over-year, Jerusalem moved -67.6% against New York's +5.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Jerusalem, NY | $255,000 | -67.6% | 7 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through September 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Jerusalem
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $246 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $255,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Jerusalem listing goes under contract in 7 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Jerusalem added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Jerusalem varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Jerusalem
There are currently 1 homes listed for sale in Jerusalem, New York. The median listing price is $108K.
Active listings
1
Homes on market
Median list price
$108K
Avg. days on market
7
Days until sale
New this week
1
Newly listed
Which cities are near Jerusalem, NY?
Ordered by distance from Jerusalem, not by size. Compare Jerusalem side by side with any of them.
Jerusalem housing market FAQ
Is Jerusalem a buyer's or seller's market?
Jerusalem, NY is currently a strong seller's market. That read comes from 1.0 months of supply, homes going under contract in about 7 days, and sellers getting 96.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Jerusalem?
The median sale price in the last month Redfin published was $255,000, about $212 per square foot.
Is Jerusalem cheaper than the rest of New York?
Jerusalem's median sale price of $255,000 is 59% lower than the New York statewide median of $620,500, and 38% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Jerusalem?
Homes in Jerusalem, NY spent a median of 7 days on market before going under contract, versus 42 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Jerusalem?
At the current 30-year fixed rate of 6.66%, 20% down on a $255,000 home is about $1,311 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $56,184 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Jerusalem?
Redfin's last published year-over-year change for Jerusalem, NY was -67.6%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Jerusalem?
Jerusalem ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Jerusalem?
That depends on your timeline, not on a headline. What the data says today: Jerusalem, NY is a strong seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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