House Prices

House Prices & Home Values Grand Island, NY 2026


Average Data

average house price$241,936
average size per house1671 ft²
average price per ft²145 $ / ft²

04/15/2026 - The value range (VR) for house prices in Grand Island, NY is $187/ sqft to $187/ sqft. An average home with 1671 sqft costs approximately $312,477 to $312,477. Grand Island, NY includes 1 ZIP codes and it is located in Erie county. The lowest prices are found in ZIP 14072, while the highest are in ZIP 14072. The average price per sqare feet is $145. Our analysis is based on 20 property listings.

Avergage prices by ZIP codes Grand Island

14072195 $ / ft²


House prices by neighborhoods in Grand Island

Grandyle Village202 $ / ft²
River Oaks180 $ / ft²
Sandy Beach173 $ / ft²




Historical development of home values in Grand Island

Year Estimated value (USD) Change vs. 2025
2010 $112,359 -53.6%
2011 $108,014 -55.4%
2012 $107,724 -55.5%
2013 $111,750 -53.8%
2014 $117,307 -51.5%
2015 $123,327 -49.0%
2016 $129,764 -46.4%
2017 $136,767 -43.5%
2018 $144,329 -40.3%
2019 $151,021 -37.6%
2020 $158,828 -34.4%
2021 $180,650 -25.3%
2022 $210,597 -13.0%
2023 $222,084 -8.2%
2024 $234,932 -2.9%
2025 $241,936 0.0%

Graph: estimated home values in Grand Island over time (USD)



Example: 100% financing house in Grand Island

Loan amount: $241,936

Interest rate: 6.00%

Fixed monthly payment: $1,450.53

Breakdown in the 1st month:
Interest portion: $1,209.68  –  Principal portion: $240.85

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,435.34 $2,971.00 $238,965.00
2 $14,252.10 $3,154.25 $235,810.75
3 $14,057.55 $3,348.79 $232,461.96
4 $13,851.00 $3,555.34 $228,906.62
5 $13,631.72 $3,774.63 $225,131.99
6 $13,398.91 $4,007.44 $221,124.55
7 $13,151.74 $4,254.61 $216,869.94
8 $12,889.32 $4,517.02 $212,352.92
9 $12,610.72 $4,795.62 $207,557.30
10 $12,314.94 $5,091.41 $202,465.90
11 $12,000.91 $5,405.43 $197,060.46
12 $11,667.52 $5,738.83 $191,321.64
13 $11,313.56 $6,092.79 $185,228.85
14 $10,937.77 $6,468.58 $178,760.28
15 $10,538.80 $6,867.54 $171,892.73
16 $10,115.22 $7,291.12 $164,601.61
17 $9,665.52 $7,740.82 $156,860.80
18 $9,188.09 $8,218.25 $148,642.54
19 $8,681.20 $8,725.14 $139,917.40
20 $8,143.06 $9,263.29 $130,654.12
21 $7,571.72 $9,834.63 $120,819.49
22 $6,965.14 $10,441.20 $110,378.29
23 $6,321.15 $11,085.19 $99,293.09
24 $5,637.44 $11,768.90 $87,524.19
25 $4,911.56 $12,494.79 $75,029.40
26 $4,140.91 $13,265.44 $61,763.97
27 $3,322.72 $14,083.62 $47,680.35
28 $2,454.08 $14,952.27 $32,728.08
29 $1,531.85 $15,874.49 $16,853.59
30 $552.75 $16,853.59 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Grand Island, NY


1500 sqft3900 sqft
Ø selling price$263,176$559,845
Ø fast selling$239,251$503,861
Ø high price sale$287,100$615,830

In 2026, houses in Grand Island, NY will be offered at an average price of $145 per square foot. A 1,500 sqft home priced at $263,176 is 23.92% more expensive per square foot than a 3,900 sqft home priced at $559,845. Home prices in Grand Island, NY vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $387,586. Sellers who can wait longer may achieve a higher price of up to $473,716.

FAQ – Home Values in Grand Island

What is the median home value in Grand Island in 2026?

In 2026, the typical home value in Grand Island is about $241,936 for an average home size of 1671 square feet. This corresponds to an average price of roughly $145 per square foot.

What is the average cost per square foot in Grand Island?

In 2026, homes in Grand Island sell for an average of around $145 per square foot, with a typical range between $187 and $187 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Grand Island is about 1671 square feet, with an estimated 2026 value around $241,936.



Locations close to Grand Island, NY

Hamburg, NY215 $ / ft²
Holland, NY183 $ / ft²
Irving, NY195 $ / ft²
Gowanda, NY223 $ / ft²
Glenwood, NY208 $ / ft²
Getzville, NY218 $ / ft²
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