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Featured local agent — Mexico, NY
Sarah Mitchell
Compass Real Estate · Mexico, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mexico, NY Housing Market
The last median sale price Redfin published was $130,000 (through May 2026). With homes going under contract in about 86 days, Mexico is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $130,000 home is about $668/mo in principal and interest.
Key numbers for Mexico, NY
Median sale price
$130,000
Last published period
Redfin, through March 2026
Days on market
86
Slow-moving
Redfin, through March 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$72,772
Home costs 1.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
104.0%
Selling above asking
Redfin, through March 2026
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 Mexico a buyer's or seller's market?
Mexico, NY is a balanced market and homes selling in about 86 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Mexico housing market data show?
Every row below is Redfin's final published month for Mexico, NY. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $130,000 |
| Median price per sq ft | $46/sq ft |
| Median days on market | 86 days |
| Sale-to-list price ratio | 104.0% |
| Homes sold (that month) | 1 |
| Market condition | Balanced 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 Mexico is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Mexico 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 Mexico home prices moved?
Over the last three years the median sale price in Mexico, NY fell 23.5%, from $170,000 to $130,000.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
Get Mexico market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Mexico?
Priced off the median sale price of $130,000 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% | $26,000 | $104,000 | $668/mo |
| 5% | $6,500 | $123,500 | $794/mo |
Redfin, through March 2026 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 $668, that implies roughly $28,643 a year before you add taxes and insurance. The median household in Mexico earns $72,772, about $44,129 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.8x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Mexico in the next 12 months?
Tell us your timeline. We send the Mexico 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 Mexico?
Zillow does not publish a rent index (ZORI) for Mexico, 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 Mexico?
Active listings in Mexico, NY went from 5 in July 2024 to 1 in February 2026, a -80.0% 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 |
|---|---|---|
| August 2024 | 4 | 4 |
| September 2024 | 3 | not published |
| October 2024 | 3 | 2 |
| December 2024 | 3 | 1 |
| February 2025 | 3 | not published |
| June 2025 | 2 | 1 |
| July 2025 | 4 | 2 |
| August 2025 | 4 | 3 |
| September 2025 | 6 | 2 |
| October 2025 | 3 | not published |
| December 2025 | 3 | not published |
| February 2026 | 1 | not published |
Redfin, through February 2026
How does Mexico compare to New York and the U.S.?
Mexico homes sell for $130,000 — 79% below the New York median of $620,500. Against the national median of $410,700, Mexico runs 68% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Mexico, NY | $130,000 | not published | 86 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Mexico
What buyers should watch
- The gap between 5% and 20% down here is $125 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 $130,000 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 Mexico listing goes under contract in 86 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 104.0% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Mexico varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Mexico
Explore homes currently listed for sale in Mexico, New York across major real estate platforms.
How much do homes cost in Mexico by property type?
How the Mexico, NY market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $130,000 | $46/sq ft | 1 | 86 days |
Who lives in Mexico?
American Community Survey estimates for Mexico. U.S. Census ACS, 2023
Population
2,050
Households
869
Median income
$72,772/yr
Median age
31.9 years
Owner-occupied
47.3%
Median home value
$154,800
Median gross rent
$791/mo
Mean commute
27.1 min
47.3% of occupied homes in Mexico are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Mexico?
4 schools tracked · 1,957 students
The largest public schools serving Mexico, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MEXICO MIDDLE SCHOOL
Grades 5-8 · 620 students
MEXICO HIGH SCHOOL
Grades 9-12 · 594 students
OSWEGO BOCES
Grades K-12 · 372 students
MEXICO ELEMENTARY SCHOOL
Grades PK-4 · 371 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mexico, NY?
Ordered by distance from Mexico, not by size. Compare Mexico side by side with any of them.
Mexico housing market FAQ
Is Mexico a buyer's or seller's market?
Mexico, NY is currently a balanced market based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Mexico?
The median sale price in the last month Redfin published was $130,000, about $46 per square foot.
Is Mexico cheaper than the rest of New York?
Mexico's median sale price of $130,000 is 79% lower than the New York statewide median of $620,500, and 68% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Mexico?
Homes in Mexico, NY spent a median of 86 days on market before going under contract, versus 42 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Mexico?
At the current 30-year fixed rate of 6.66%, 20% down on a $130,000 home is about $668 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $28,643 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $72,772.
Are home prices rising in Mexico?
We do not hold a complete 12-month value series for Mexico, NY yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Mexico?
Mexico 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 Mexico?
That depends on your timeline, not on a headline. What the data says today: Mexico, NY is a balanced market, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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