What is the median home value in the Town of Esperance, NY?
The median value of owner-occupied homes in the Town of Esperance, NY is $196,200 (±$45,140), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In the Town of Esperance, the median home value went from $119,300 in 2015–2019 to $196,200 in 2020–2024 (+64.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $196,200 (±$45,140)
- Owner-occupied homes
- 636 (±102)
- Most common range
- $300,000 to $499,999
Home values in the Town of Esperance
| Value | Town of Esperance | Schoharie County | New York | United States |
|---|---|---|---|---|
| Less than $50,000 | 6.6% (±3.6 points) | 7.2% | 3.9% | 5.3% |
| $50,000 to $99,999 | 11.2% (±5.8 points) | 11.7% | 5.6% | 6.1% |
| $100,000 to $149,999 | 14.6% (±7.2 points) | 14.8% | 6.7% | 6.8% |
| $150,000 to $199,999 | 18.2% (±5.7 points) | 18.7% | 8.3% | 9.0% |
| $200,000 to $299,999 | 19.8% (±7.9 points) | 26.0% | 13.2% | 17.8% |
| $300,000 to $499,999 | 20.3% (±6.5 points) | 17.3% | 19.7% | 26.9% |
| $500,000 to $999,999 | 8.5% (±4.3 points) | 3.5% | 30.1% | 20.9% |
| $1,000,000 or more | 0.8% (±1.2 points) | 0.8% | 12.6% | 7.1% |
The most common range is $300,000 to $499,999, 20.3% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
The Town of Esperance against Schoharie County, its state and the nation
| Town of Esperance | Schoharie County | New York | United States | |
|---|---|---|---|---|
| Median home value | $196,200 (±$45,140) | $192,500 (±$8,532) | $423,800 (±$1,627) | $332,700 |
| Owner-occupied homes | 636 (±102) | 9,824 (±316) | 4,196,985 (±19,607) | 84,210,142 |
In the Town of Esperance, the median home value is not measurably different from Schoharie County ($192,500).
It is also lower than in New York ($423,800).
It is lower than the national figure ($332,700).
In Schoharie County, the Town of Esperance ranks 8 of 16 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 444 of 1,003.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in the Town of Esperance have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $119,300 (±$11,772) | $196,200 (±$45,140) | +64.5% | Up after inflation |
| Median owner cost with a mortgage | $1,399 (±$239) | $1,693 (±$116) | +21.0% | No measurable change after inflation |
| Median real estate taxes | $3,362 (±$371) | $4,005 (±$495) | +19.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near the Town of Esperance
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Town of Esperance | — | $196,200 (±$45,140) | — |
| Village of Esperance | 3.0 mi | $191,700 (±$45,555) | Not measurably different |
| Town of Schoharie | 4.9 mi | $235,200 (±$23,002) | Not measurably different |
| Town of Charleston | 5.4 mi | $184,200 (±$23,150) | Not measurably different |
| Village of Schoharie | 6.0 mi | $220,900 (±$45,564) | Not measurably different |
| Town of Carlisle | 6.4 mi | $199,600 (±$28,895) | Not measurably different |
| Village of Delanson | 6.7 mi | $264,500 (±$29,653) | Higher |
| Town of Duanesburg | 7.4 mi | $295,100 (±$30,315) | Higher |
| Town of Wright | 7.7 mi | $242,000 (±$35,697) | Not measurably different |
Nearby places with a measurably higher figure: Village of Delanson, NY ($264,500), Town of Duanesburg, NY ($295,100).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Schoharie County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 2 | Town of Schoharie | $235,200 (±$23,002) |
| 3 | Town of Gilboa | $219,600 (±$45,918) |
| 4 | Town of Conesville | $214,300 (±$31,333) |
| 5 | Town of Carlisle | $199,600 (±$28,895) |
| 6 | Town of Blenheim | $199,000 (±$30,501) |
| 7 | Town of Seward | $198,500 (±$24,540) |
| 8 | Town of Esperance | $196,200 (±$45,140) |
| 9 | Town of Fulton | $189,200 (±$29,669) |
| 10 | Town of Jefferson | $186,900 (±$41,706) |
| 11 | Town of Cobleskill | $186,300 (±$20,222) |
| 12 | Town of Broome | $179,200 (±$62,724) |
| 13 | Town of Middleburgh | $175,900 (±$37,436) |
| 14 | Town of Sharon | $174,600 (±$25,305) |
Showing 13 of 16 places in Schoharie County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Esperance include them.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Esperance
What is the average home value in the Town of Esperance, NY?
The Census Bureau publishes the median: $196,200 (±$45,140) for owner-occupied homes in the Town of Esperance (2020–2024 American Community Survey).
Have home values in the Town of Esperance gone up?
In the Town of Esperance, the median home value went from $119,300 in 2015–2019 to $196,200 in 2020–2024 (+64.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in the Town of Esperance sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Esperance town, Schoharie County, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Esperance town, Schoharie County, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Esperance town, Schoharie County, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Esperance town, Schoharie County, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Esperance town, Schoharie County, New York (county subdivision:24724, in state:36 county:095).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- New York landlord and tenant rules
- Housing across Schoharie County
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- Housing data for every place in New York