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Sarah Mitchell

CNESRESABR

Compass Real Estate · Persia, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Persia, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Persia, NY Housing Market

Strong seller's market
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $181,250 (through May 2026). With 2.0 months of supply and homes going under contract in about 35 days, Persia is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $181,250 home is about $932/mo in principal and interest.

Key numbers for Persia, NY

Median sale price

$181,250

Last published period

Redfin, through May 2026

Days on market

35

Average pace

Redfin, through May 2026

Active listings

4

2.0 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Sale-to-list ratio

107.5%

Selling above asking

Redfin, through May 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 Persia a buyer's or seller's market?

Strong seller's market2.0 months of supply35 days on market107.5% of asking

Persia, NY is a strong seller's market, based on 2.0 months of supply and homes selling in about 35 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Persia housing market data show?

Every row below is Redfin's final published month for Persia, NY. Redfin, through May 2026

Housing market statistics for Persia, NY, Redfin through May 2026
MetricValue
Median sale price$181,250
Median list price$410,000
Median price per sq ft$157/sq ft
Median days on market35 days
Active inventory4 listings
Months of supply2.0 months
Sale-to-list price ratio107.5%
Homes sold (that month)2
New listings (that month)1
Listings with a price cut50.0%
Market conditionStrong 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 Persia is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Persia 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 Persia home prices moved?

Over the last three years the median sale price in Persia, NY rose 42.7%, from $127,000 to $181,250. 50.0% of Persia 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 2.0 months while the sale-to-list ratio slips below its current 107.5%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Persia?

Priced off the median sale price of $181,250 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.

Monthly principal and interest by down payment in Persia, NY
Down paymentCash at closeLoan amountMonthly P&I
20%$36,250$145,000$932/mo
5%$9,063$172,188$1,107/mo

Redfin, through May 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 $932, that implies roughly $39,935 a year before you add taxes and insurance. We do not hold a Census income figure for Persia, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Persia in the next 12 months?

Tell us your timeline. We send the Persia market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Persia?

Zillow does not publish a rent index (ZORI) for Persia, 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 Persia?

Active listings in Persia, NY went from 2 in January 2025 to 4 in May 2026, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Persia, NY
MonthActive listingsNew listings
February 20251not published
March 202511
April 202555
June 202532
July 202512
August 202511
September 202532
October 20251not published
November 202521
March 202654
April 202685
May 202641

Redfin, through May 2026

How does Persia compare to New York and the U.S.?

Persia homes sell for $181,25071% below the New York median of $620,500. Against the national median of $410,700, Persia runs 56% lower.

Persia, NY compared with New York and the United States
MarketMedian sale priceYoYDays on market
Persia, NY$181,250not published35 days
New York statewide$620,500+5.1%42 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Persia

What buyers should watch

  • Months of supply, currently 2.0. 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 50.0%. 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 $175 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 $181,250 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 Persia listing goes under contract in 35 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 107.5% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Persia added 1 new listings against 2 sales — more clearing than arriving, which is the better window to list.
  • Comparable ZIP-level pricing inside Persia varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Persia

There are currently 4 homes listed for sale in Persia, New York. The median listing price is $410K.

Active listings

4

Homes on market

Median list price

$410K

Avg. days on market

35

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:107.5%

How much do homes cost in Persia by property type?

How the Persia, NY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Persia, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$181,250$157/sq ft235 days

Which cities are near Persia, NY?

Ordered by distance from Persia, not by size. Compare Persia side by side with any of them.

Persia housing market FAQ

Is Persia a buyer's or seller's market?

Persia, NY is currently a strong seller's market. That read comes from 2.0 months of supply, homes going under contract in about 35 days, and sellers getting 107.5% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Persia?

The median sale price in the last month Redfin published was $181,250, about $157 per square foot.

Is Persia cheaper than the rest of New York?

Persia's median sale price of $181,250 is 71% lower than the New York statewide median of $620,500, and 56% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Persia?

Homes in Persia, NY spent a median of 35 days on market before going under contract, versus 42 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Persia?

At the current 30-year fixed rate of 6.66%, 20% down on a $181,250 home is about $932 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $39,935 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Persia?

We do not hold a complete 12-month value series for Persia, 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 Persia?

Persia 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 Persia?

That depends on your timeline, not on a headline. What the data says today: Persia, NY is a strong seller's market with 2.0 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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One email: what homes are actually clearing at around $181,250, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.