Current Price

$294,419

1 Month Forecast

â–² $330,661

1-Year Forecast *

â–² $349,532

5-Year Forecast *

â–² $424,178

"Is it a good time to buy homes in Penn Yan?" "Does investing in real estate in Penn Yan (New York State, Yates County) worth it?" According to our live Forecast System, buying a house in Penn Yan is a good short-term (1-year) investment*. The Penn Yan average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Penn Yan" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Penn Yan in New York State, Yates County. If you are looking for homes for sale with good flipping profit, Penn Yan can be a profitable property investment option. The median price of an average house in Penn Yan was 294,419 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Penn Yan" area is 424,178 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +44.07% meaning that investing 100000 USD today may yield a profit of 44,073 USD by 2031.

Current Median Listing Price: 294,419 USD Median Listing Price Per Square Foot: 164 USD

Penn Yan Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Penn Yan (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Penn Yan Price Target

Penn Yan median home price target in 12 months: $349,532* (upside of 18.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $327,956 $327,427 $327,100 $328,207
2024 $268,703 $294,419 $267,716 $294,419
2023 $254,420 $269,524 $252,997 $269,608
2022 $234,592 $256,029 $234,592 $257,569
2021 $213,275 $231,592 $213,275 $233,268
2020 $190,688 $210,836 $190,688 $210,836
2019 $182,137 $189,491 $182,137 $189,491
2018 $178,829 $182,386 $178,818 $183,724
2017 $170,400 $178,608 $170,400 $178,608
2016 $162,336 $169,164 $162,336 $169,164
2015 $151,956 $161,324 $151,956 $161,324
2014 $152,717 $151,628 $151,628 $152,766
2013 $146,115 $152,267 $146,115 $152,267
2012 $142,819 $146,248 $142,819 $146,307

Questions & Answers about the Penn Yan Housing Market Forecast

How much does an average home cost in Penn Yan today?

The value of an average home (the listing price) in Penn Yan is $294,419 USD.

What is the average price per square foot in Penn Yan?

According to Walletinvestor the median price per square foot in Penn Yan is 164 USD.

Will the median listing price of homes in Penn Yan grow / rise / go up?

Yes. The Penn Yan home prices may rise from 294,419 USD to 349,532 USD in one year.

Is it profitable to invest in Penn Yan homes?

Yes. The long-term profit potential is +18.72% in one year.

Will Penn Yan house prices fall / drop?

No. See above.

What is the predicted price of a Penn Yan home in 2030?

The predicted home sales price of a Penn Yan home in 2030 in Penn Yan is 411,868 USD.

What is the predicted price of a Penn Yan home in 2035?

The predicted home sales price of a Penn Yan home in 2035 in Penn Yan is 536,385 USD.

Will real estate prices decrease in Penn Yan?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Penn Yan is the 4593. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Yates, Penn Yan decreased, looking at the past 12 months.

According to Walletinvestor's Penn Yan real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.288% to 294,419 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.869% in 2021
  • 17.209% in 2022
  • 18.859% in 2023
  • 16.749% in 2024
  • 17.299% in 2025
  • 18.839% in 2026

Based on our Penn Yan real estate market research and report the predicted sales prices will increase by 456.178% in the next 10 years.

Over the last 12 months, the value of homes in Penn Yan fluctuated: increasing 1 times and decreasing 3 times.

Penn Yan (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Penn Yan Housing Market Forecast with Real Estate Prices for 2025
August 2025 330661 299579 361743
September 2025 333927 315895 351959
October 2025 337225 320364 354087
November 2025 340556 315696 365417
December 2025 341832 314143 369520
Penn Yan Housing Market Forecast with Real Estate Prices for 2026
January 2026 340074 322390 357757
February 2026 338355 315347 361363
March 2026 337990 305881 370099
April 2026 339376 310868 367884
May 2026 342728 318737 366719
June 2026 346114 325001 367226
July 2026 349532 326114 372951
August 2026 352985 329688 376282
September 2026 356471 329736 383207
October 2026 359992 327233 392752
November 2026 361897 341269 382525
December 2026 362630 329268 395992
Penn Yan Housing Market Forecast with Real Estate Prices for 2027
January 2027 361838 338680 384995
February 2027 361825 334688 388962
March 2027 361420 333229 389611
April 2027 360462 333788 387136
May 2027 358197 334914 381479
June 2027 356360 330702 382017
July 2027 356193 324136 388250
August 2027 358088 335528 380648
September 2027 361625 342820 380429
October 2027 365197 345111 385283
November 2027 368804 340037 397571
December 2027 372280 339147 405412
Penn Yan Housing Market Forecast with Real Estate Prices for 2028
January 2028 375087 337953 412221
February 2028 376879 353512 400245
March 2028 378324 342005 414643
April 2028 378207 351355 405060
May 2028 377054 348398 405710
June 2028 375670 354632 396707
July 2028 376587 355121 398052
August 2028 380086 358041 402131
September 2028 383840 348910 418769
October 2028 387631 353907 421355
November 2028 391460 360143 422777
December 2028 395327 367654 423000
Penn Yan Housing Market Forecast with Real Estate Prices for 2029
January 2029 399232 368491 429972
February 2029 403175 374146 432204
March 2029 405807 367255 444359
April 2029 407560 380253 434866
May 2029 411585 379482 443689
June 2029 411900 376889 446912
July 2029 411868 378918 444817
August 2029 411087 387244 434930
September 2029 410710 371281 450138
October 2029 410511 374796 446225
November 2029 410921 371883 449958
December 2029 414980 393401 436559
Penn Yan Housing Market Forecast with Real Estate Prices for 2030
January 2030 419079 380942 457215
February 2030 423218 388514 457922
March 2030 427398 398335 456461
April 2030 428999 401114 456884
May 2030 426793 396064 457522
June 2030 424636 402980 446293
July 2030 424178 393213 455143
August 2030 425917 390566 461268
September 2030 430124 406467 453781
October 2030 434373 391370 477376
November 2030 438663 401816 475511
December 2030 442996 404456 481537
Penn Yan Housing Market Forecast with Real Estate Prices for 2031
January 2031 447372 418740 476004
February 2031 451791 419262 484320
March 2031 454181 410580 497783
April 2031 455101 429616 480587
May 2031 454107 420957 487256
June 2031 454091 416401 491780
July 2031 453583 418657 488509
August 2031 452380 423428 481332
September 2031 449537 410877 488197
October 2031 447232 411900 482563
November 2031 447023 414837 479208
December 2031 449401 410752 488049
Penn Yan Housing Market Forecast with Real Estate Prices for 2032
January 2032 453840 414356 493324
February 2032 458323 422573 494072
March 2032 462850 421193 504506
April 2032 467211 429367 505055
May 2032 470735 443903 497566
June 2032 472983 439874 506092
July 2032 474797 431116 518478

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.