The story of this market
The typical home in Greece, New York sells for about $244,000, or $155 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 12 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,450 a month.
Monthly price momentum
Home values since 2015
+5.5%
NY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Greece, New York
The Greece housing market remains resilient, characterized by steady price appreciation and low inventory levels. High demand from local buyers continues to drive competitive bidding, though rising interest rates have tempered the pace of sales compared to previous years. The market is currently balanced, with strong fundamentals supporting long-term value.
No ARED county foreclosure postings attributed to Greece yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 4.5% year over year.
Homes spend a median of 12 days on market with 2.1 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 101.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional shopping destination featuring numerous anchor stores and dining options, serving as a primary economic and social hub for the town.
A significant natural area offering bird watching, hiking trails, and marina access, highly valued for its ecological importance and recreational utility.
Provides extensive green space, sports facilities, and picnic areas, contributing significantly to the quality of life for local families.
Greece is an ideal fit for family buyers and long-term residents seeking a suburban lifestyle with convenient access to Rochester's employment centers. It also attracts investors looking for stable rental demand and downsizers who appreciate the town's established amenity base and community services.
The Greece Central School District serves the majority of the town, offering a diverse range of academic and extracurricular programs. Schools in the area are generally rated as meeting state standards, with ongoing efforts to improve student performance metrics.
The town is served by a network of major arterial roads, including NY-104, which provides efficient access to downtown Rochester. Public transit is available via the regional bus system, though the area remains primarily car-dependent.
Greece offers extensive recreational opportunities, including Braddock Bay Park and numerous town-managed parks that provide trails, sports fields, and waterfront access to Lake Ontario. The area is well-served by local shopping centers and community centers that host year-round activities for residents.
The rental market in Greece is characterized by moderate demand, supported by a mix of apartment complexes and single-family home rentals. Vacancy rates remain relatively low due to the town's proximity to Rochester, though rent growth has stabilized in recent quarters.
The economy is anchored by the retail sector, healthcare services, and light manufacturing. It benefits from its strategic location within the Rochester MSA, providing residents with diverse employment opportunities.
Greece serves as a major retail and residential hub for the Rochester metropolitan area, anchored by the Mall at Greece Ridge. Economic momentum is driven by a mix of retail, healthcare, and light industrial sectors, with steady infrastructure maintenance supporting its suburban character.
Current planning focuses on sustainable suburban growth, with an emphasis on improving commercial corridors and expanding recreational infrastructure. Recent approvals prioritize mixed-use developments to increase housing density near major transit routes.
Parcels in Greece are subject to various special districts, including fire protection, library, and water districts, which are reflected in the annual property tax bill.
Greece experiences crime rates generally consistent with suburban Monroe County, with property crime being the primary concern. Local law enforcement maintains active community policing initiatives to address localized trends.
The town faces standard regional risks, including seasonal heavy snowfall and potential localized flooding near the Lake Ontario shoreline. Property insurance premiums reflect these environmental factors, with flood insurance recommended for properties in low-lying zones.
Property insurance markets in the area are stable, though premiums are influenced by regional weather patterns and the proximity to Lake Ontario, which necessitates specific coverage considerations.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New York) — Income-Based Assessment for Affordable Rental Housing: The assessed valuation must be determined using the income approach based on actual net operating income, excluding subsidies, tax credits, or grants used for development costs. State (New York) — Real Property Tax Assessment: Real property is assessed by local jurisdictions based on a uniform percentage of value. The tax liability is calculated as (Assessed Value * Tax Rate) - Exemptions.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 2020-2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.