West Farms, New York, NY—10460
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Farms, New York, NY
As of Oct '25, the median home price in West Farms, New York, NY is $510,000, with a year-over-year change of 3.0%. This indicates that home prices in West Farms, New York, NY are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $510,000 | 3.0% |
| Single Family | $694,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Farms, New York, NY
As of July '25, Rentcast reports the average rent in West Farms, New York, NY is $2,940, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in West Farms, New York, NY is studios: $2,100, 1-bedrooms: $1,770, 2-bedrooms: $2,570, 3-bedrooms: $3,480. The most common rental property sizes in West Farms, New York, NY are 2-bedroom and 1-bedroom, accounting for 36.7% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $2,940 |
| Studio Rent | $2,100 | $2,100 |
| 1 Bed Rent | $1,680 | $1,770 |
| 2 Bed Rent | $2,500 | $2,570 |
| 3 Bed Rent | $3,460 | $3,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Farms, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in West Farms, New York, NY is 128. This is a increase of 83.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $182,000 | -8.0% |
Listing Count | 30 | 82.0% |
| Listings as % of Homes | 0.1% | 82.0% |
Days on Market | 128 | 83.0% |
Demographics — West Farms, New York, NY
As of the latest ACS Survey released in 2023, West Farms, New York, NY has a population of 61,100, which has increased by 2.7% over the past 5 years. West Farms, New York, NY is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 61,100 | 2.7% |
% Under 18 | 26.5% | -0.7% |
% Seniors | 11.4% | 2.7% |
% WFH | 6.6% | 106.2% |
% w/ College Degree | 15.2% | 26.7% |
As of the latest ACS Survey released in 2023, West Farms, New York, NY is a predominantly hispanic area, with 65.4% of the population identifying as hispanic. The hispanic population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in West Farms, New York, NY is black, making up 36.4% of the population. Foreign-born residents account for 32.7% of the population in West Farms, New York, NY, and this percentage has decreased by 2.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.3% | 26.9% |
% Black | 36.4% | 20.1% |
% Hispanic | 65.4% | -5.9% |
% Asian | 1.0% | -37.5% |
% Foreign Born | 32.7% | -2.4% |
Mortgage and Risk — West Farms, New York, NY
According to HUD data as of 2023, there were 66 mortgage originations in West Farms, New York, NY, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in West Farms, New York, NY. Investor activity is low, as 9.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 66 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — West Farms, New York, NY
West Farms, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8,321 |
Total Units Section 8 | 7,509 |
% Rentals under Section 8 | 34.9% |
% Occupied Section 8 | 82.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,680 | $2,210 |
| 2 Bedroom | -$20 | $2,500 | $2,480 |
| 3 Bedroom | -$360 | $3,460 | $3,100 |
| 4 Bedroom | N/A | N/A | $3,330 |
Affordability — West Farms, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 15 |
| Median Home Price | $510,000 |
| Median Household Income | $36,100 |