Housing affordability · NY · 2024

Sullivan Housing Affordability

Affordable — Good value

42nd most affordable of 62 New York counties · price-to-income ratio

Median Home Value
$249,000
↓41% vs NY · ↑37% vs US
Price-to-Income Ratio
3.4×
↓31% vs NY · ↑13% vs US
Median Monthly Rent
$1,106
↓32% vs NY · ↑27% vs US
Renter Cost Burden
44%
↓11% vs NY · ↑16% vs US
Analysis · NY

Sullivan at a glance

Sullivan is among the more accessible housing markets in New York on both ownership and rental measures — home prices relative to income sit below the state median at 3.4×, and renters face a lower-than-average cost burden.

At Sullivan's median household income of $72,382, a renter paying the median monthly rent of $1,106 would commit 18% of gross annual income to housing — below the 30% threshold widely used to define cost burden.

For owner-occupied households, 13% spend more than 30% of their income on housing costs — the standard definition of owner cost burden.

Sullivan FAQ

What is the median home price in Sullivan?

The median home value in Sullivan, NY is $249,000 (2024 ACS 5-year estimate). This is 41% below the New York state median of $423,800.

Is Sullivan an affordable place to buy a home?

Sullivan is rated Affordable on the USInsights affordability scale. The price-to-income ratio is 3.4×, meaning the median home costs roughly 3.4 years of median household income ($72,382). Under 3.5× is generally considered affordable.

What is the average rent in Sullivan?

The median gross rent in Sullivan is $1,106 per month (2024 ACS 5-year estimate). 44% of renters spend more than 30% of their income on housing. The New York state median is $1,621.

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Source: US Census Bureau ACS 5-Year Estimates 2024 (2020–2024 survey period). Price-to-income ratio = median home value ÷ median household income. Full New York methodology →