The median home in Purchase, New York is valued at $2,145,129, up 7.3% year over year. Typical monthly rent is $3,640, producing a price-to-rent ratio of 49.1x — well above the national average of 18x. Purchase is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$2,145,129
+7.3%
Rent$3,640/mo
AFFORDABILITYRenting $10,432/mo cheaper ($3,640 rent)6.50% 30yr, 20% down, county tax + NY ins. 28% per HUD.
Enter your income for Purchase.
$429,026 on $2,145,129
Out of reach — 225.2% of income
Need $603,086/yr to afford.
PITI$14,072
P/I225.2%
Afford$267K
Gap-$1878K
P&I $10,847Tax $3,075Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full New York-Newark-Jersey City, NY-NJ-PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.
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