Buildocrat US Land Value Book

Land and home values in Allegany County, New York

Allegany County (rural) covers 1,030 square miles and 16 census tracts. Residential land is about $2.25 per sq ft at the county median, from $1.54 in its most rural tracts to $6.88 in its most valuable. The typical home is worth about $114,000 and a 2-bedroom rents for about $1,020 a month, as of October 12, 2026.

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County values

Land: residential$2.25per sq ft
Land: residential$97,792per acre
Land: quarter-acre lot$24,44810,890 sq ft
Land: farmland$4,010per acre
Home: typical (median)$114,000value
Home: entry-level$76,900lower quartile
Home: upper-end$180,000upper quartile
Build new$179per sq ft, no land
Rent: 1-bedroom$795per month
Rent: 2-bedroom$1,020per month
Rent: 3-bedroom$1,300per month
Rent: 4-bedroom$1,560per month
Gross yield, 2-bed10.7%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Rural15$2.25$114,000$1,020
Farmland1$1.86$107,000$1,040

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
RushfordCommunity$3.93$76,800
AlfredTown$3.17$197,000
HoughtonCommunity$3.04$188,000
BelfastCommunity$2.86$109,000
CanaseragaTown$2.78$78,600
AngelicaTown$2.71$93,700
FillmoreCommunity$2.68$107,000
FriendshipCommunity$2.62$82,700

Questions people ask

How much is land worth in Allegany County, NY?

Residential land in Allegany County, NY is about $2.25 per square foot, or $97,792 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $24,448. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Allegany County, NY?

The typical (median) home in Allegany County, NY is worth about $114,000, with entry-level homes around $76,900 and upper-end homes around $180,000, as of October 2026.

How much is rent in Allegany County, NY?

A 2-bedroom rents for about $1,020 a month in Allegany County, NY, a 1-bedroom about $795 and a 3-bedroom about $1,300 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Allegany County, NY?

Farmland averages about $4,010 an acre in Allegany County, NY (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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