Amsterdam, NY home prices
Typical home $213,643 · +3.3% in a year · income needed $72,600
The Amsterdam, NY metro area ranks 594 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.3% in a year and +28.4% over five years. With 20% down at 7.11%, the typical home costs about $1,694 a month including 2.46% property tax (Montgomery County rate).
Mortgage on the typical Amsterdam home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $42,729 | $170,915 | $1,150 | $0 | $545 | $1,694 | $72,600 |
| 10% down | $21,364 | $192,279 | $1,293 | $80 | $545 | $1,918 | $82,200 |
| 5% down | $10,682 | $202,961 | $1,365 | $85 | $545 | $1,994 | $85,500 |
| 3.5% down (FHA) | $7,478 | $209,774 | $1,411 | $94 | $545 | $2,050 | $87,900 |
Assumes a 30-year fixed loan at 7.11%, property tax of 2.46% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Amsterdam area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Montgomery County, NY | $213,640 | +3.3% | 2.46% |
What can you afford in New York on your salary? · New York home prices · Salaries in New York
Frequently asked questions
How much is a house in Amsterdam?
The typical home in the Amsterdam, NY metro area is worth $213,643 (Zillow, September 2026).
What salary do you need to buy a house in Amsterdam?
About $72,600 a year for the typical home with 20% down at 7.11%.