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What income do you need to buy in Modena?
About $112,000 a year to buy the typical Modena home, which sells for about $315,000.
- Typical sale price
- $315,000Median of 55 sales in the past 12 months
- Income needed
- $112,000A year, before taxes
- Cash needed up front
- $45,00010% down, transfer tax and closing costs
Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit). These are estimates, not a loan offer.
What it costs each month
| Principal and interest | $1,980 |
|---|---|
| Property tax | $353 |
| Insurance | $131 |
| Mortgage insurance | $118 |
| Total a month | $2,582 |
Claiming the Homestead Exemption could lower the property tax by about $117 a month. The total above does not include that saving.
How prices have moved
Up 2.4% from the year before, comparing the median sale price of the last 12 months with the 12 months before.
| Quarter | Median sale price | Sales |
|---|---|---|
| Q1 2025 | $297,000 | 30 |
| Q2 2025 | $300,000 | 17 |
| Q3 2025 | $321,250 | 36 |
| Q4 2025 | $325,000 | 9 |
| Q1 2026 | $300,000 | 13 |
| Q2 2026 | $316,250 | 18 |
| Q3 2026 | $307,500 | 16 |
Quarters with no recorded sales are left blank.
Tell us four things
Nearby neighborhoods
Cheaper nearby
- Torresdale $273,000
Pricier nearby
- Millbrook $326,000
- Morrell Park $330,000
- Normandy Village $363,000
Questions about buying in Modena
What income do you need to buy a home in Modena?
About $112,000 a year for the typical Modena price of $315,000, keeping the housing payment to 28% of gross income. Assumes 10% down, no other debts, credit of 700–759, and a 7.49% 30-year rate (the 7.24% weekly average plus 0.25 points for good credit).
How much cash do you need to buy in Modena?
About $45,000 up front at the typical price: 10% down ($32,000), your share of the transfer tax ($7,210) and closing costs ($6,300).
What does a typical home in Modena cost per month?
A typical Modena home costs about $2,582 a month all in: principal and interest $1,980, property tax $353, insurance $131, mortgage insurance $118. Claiming the Homestead Exemption could lower the tax by about $117 a month.
Based on 55 sales, as of 2026-10-29. Mortgage rate 7.24% (Freddie Mac, week of 2026-10-29). Estimates only, not financial advice. Talk to a lender.