Penn Yan, NY Housing Market & City Data

Explore key insights and real experiences from people who call Penn Yan home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

4.0

Average City Rating

4,925

Population Estimate

$103,777

Median Home Value

96.8%

Employment Rate

20.5%

Bachelor's Degree+

Penn Yan City Reviews

Real experiences from people who call Penn Yan home.

4.0

(1 Reviews)

Matthew Sharman

Aug 4, 2026

Penn Yan, NY is the commercial and community hub at the north end of Keuka Lake, with a historic downtown, shops, restaurants, public parks, boat access, and the Keuka Lake Outlet Trail. The housing market includes village homes, multifamily properties, rural acreage, cottages, and high-demand waterfront residences around Keuka Lake. Buyers should review shoreline condition, docks, septic systems, wells, private roads, flood exposure, and seasonal access for lake properties. Penn Yan real estate appeals to year-round residents, second-home buyers, investors, and anyone seeking a central base in Yates County wine and lake country.

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Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$307

Median Listing Price$442,250

Median Days on Market79

Active Listings29

New Listings14

Total Listings (Active + Pending)61

Avg Listing Price$620,639

Avg Listing Price Change MoM-3%

Avg Listing Price Change YoY-21%

HOUSEHOLD OVERVIEW

Family Size3.31

Family Dual Income54.9

Median Household Income$41,944

Median Individual Income$23,507

Home Ownership58.3%

Home Value$103,777

Median Rent$797

Rent Burden36.0%

Poverty11.8%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

No Highschool Degree or GED14.5%
Highschool Education36.6%
Some College28.4%
Bachelors Degree13.3%
Graduate Degree7.2%
Total College or Above20.5%
Stem Degree40.2%

GENDER BREAKDOWN

Male43.3%
Female56.7%

MARITAL STATUS

Married37.7%
Divorced16.4%
Never Married34.2%
Widowed11.8%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityPenn Yan

State IDNY

Population4,925

AGE BREAKDOWN

Age Group	% of Population
Under 18	20.1%
19–29	12.0%
30–39	14.6%
40–49	9.3%

Age Group	% of Population
50–59	16.0%
60–69	10.9%
70–79	6.5%
80+	10.7%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation57.9%

Unemployment Rate3.2%

Disabled15.1%

ETHNICITY

White95.9%

Black2.0%

Asian0.8%

Native American0.0%

Pacific Islander0.0%

Other0.0%

Multiple1.3%

OTHER

Hispanic3.7%

Limited English0.3%

Health Uninsured5.5%

Veteran7.9%

Local Discussions

Community questions and conversations about living in Penn Yan, NY.

Is Penn Yan, NY a good place to buy a house?
Local perspectives on Penn Yan home prices, buyer demand, neighborhoods, and what to consider before buying a home.
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What are the best neighborhoods in Penn Yan, NY for families?
Local insights on Penn Yan neighborhoods, schools, parks, commute times, and other factors families may want to consider.
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What should home buyers know about the Penn Yan, NY housing market?
Local insights on Penn Yan home prices, housing inventory, buyer competition, and current real estate market conditions.
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Is it better to buy or rent a home in Penn Yan, NY?
Compare Penn Yan home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.
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What are the most affordable neighborhoods in Penn Yan, NY?
Explore Penn Yan neighborhoods where home buyers may find more affordable housing options and better value for their budget.
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How much income do you need to buy a house in Penn Yan, NY?
Learn how Penn Yan home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.
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How much are property taxes on a home in Penn Yan, NY?
Learn how Penn Yan property taxes are calculated and how they can affect the overall cost of owning a home.
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What are the best neighborhoods in Penn Yan, NY for first-time home buyers?
Explore Penn Yan neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.
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What is it like to live in Penn Yan, NY?
Local perspectives on Penn Yan neighborhoods, cost of living, weather, commuting, things to do, and everyday life.
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What should I know before moving to Penn Yan, NY?
What newcomers should know about Penn Yan housing costs, neighborhoods, transportation, weather, and everyday expenses.
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