Castle Hill, New York, NY—10473
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Castle Hill, New York, NY
As of Oct '25, the median home price in Castle Hill, New York, NY is $548,000, with a year-over-year change of 5.3%. This indicates that home prices in Castle Hill, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $548,000 | 5.3% |
| Single Family | $633,000 | 3.4% |
| Condos | $434,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $398,000 | 3.4% |
3 Bed | $584,000 | 3.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Castle Hill, New York, NY
As of July '25, Rentcast reports the average rent in Castle Hill, New York, NY is $2,840, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in Castle Hill, New York, NY is studios: $2,650, 1-bedrooms: $1,780, 2-bedrooms: $2,740, 3-bedrooms: $3,540, 4-bedrooms: $4,000. The most common rental property sizes in Castle Hill, New York, NY are 2-bedroom and 3-bedroom, accounting for 38.2% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,880 | $2,840 |
| Studio Rent | $2,650 | $2,650 |
| 1 Bed Rent | $1,800 | $1,780 |
| 2 Bed Rent | $2,800 | $2,740 |
| 3 Bed Rent | $3,600 | $3,540 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Castle Hill, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Castle Hill, New York, NY is 84. This is a increase of 16.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $412,000 | -16.0% |
Listing Count | 73 | 112.0% |
| Listings as % of Homes | 0.2% | 112.0% |
Days on Market | 84 | 16.0% |
Demographics — Castle Hill, New York, NY
As of the latest ACS Survey released in 2023, Castle Hill, New York, NY has a population of 59,800, which has remained stable by 0.3% over the past 5 years. Castle Hill, New York, NY is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 59,800 | 0.3% |
% Under 18 | 21.7% | -10.3% |
% Seniors | 18.3% | 24.5% |
% WFH | 5.1% | 240.0% |
% w/ College Degree | 23.8% | 31.5% |
As of the latest ACS Survey released in 2023, Castle Hill, New York, NY is a predominantly hispanic area, with 59.3% of the population identifying as hispanic. The hispanic population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Castle Hill, New York, NY is black, making up 41.0% of the population. Foreign-born residents account for 22.8% of the population in Castle Hill, New York, NY, and this percentage has decreased by 3.4% 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 | 1.7% | -34.6% |
% Black | 41.0% | -0.5% |
% Hispanic | 59.3% | -2.5% |
% Asian | 2.4% | 41.2% |
% Foreign Born | 22.8% | -3.4% |
Mortgage and Risk — Castle Hill, New York, NY
According to HUD data as of 2023, there were 156 mortgage originations in Castle Hill, New York, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Castle Hill, New York, NY. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Castle Hill, New York, NY
As of 2024, the percent of homes in Castle Hill, New York, NY under the Section 8 program is 20.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Castle Hill, New York, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 8,095 |
Total Units Section 8 | 3,646 |
% Rentals under Section 8 | 20.0% |
% Occupied Section 8 | 87.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $1,800 | $2,210 |
| 2 Bedroom | -$320 | $2,800 | $2,480 |
| 3 Bedroom | -$500 | $3,600 | $3,100 |
| 4 Bedroom | -$670 | $4,000 | $3,330 |
Affordability — Castle Hill, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.5 |
| Median Home Price | $548,000 |
| Median Household Income | $50,600 |