Florida, NY10921

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$456,000
2.3% YoY Growth
Median Household Income
$108,000
20.5% 5-Year Growth
Days on Market
84
164.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,400
4.9% YoY Growth
1-Bed Rent
$1,880
1.8% YoY Growth
2-Bed Rent
$1,980
19.3% YoY Growth
3-Bed Rent
$2,950
9.7% YoY Growth

Property Listings — Florida, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Florida, NY is 84. This is a increase of 164.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$650,00062.0%
Listing Count
26177.0%
Listings as % of Homes0.7%177.0%
Days on Market
84164.0%
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Demographics — Florida, NY

As of the latest ACS Survey released in 2023, Florida, NY has a population of 4,360, which has increased by 11.4% over the past 5 years. Florida, NY is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,36011.4%
% Under 18
20.4%-20.6%
% Seniors
16.5%17.9%
% WFH
9.7%142.5%
% w/ College Degree
30.9%7.3%
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As of the latest ACS Survey released in 2023, Florida, NY is a predominantly white area, with 64.7% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Florida, NY is hispanic, making up 22.2% of the population. Foreign-born residents account for 15.5% of the population in Florida, NY, and this percentage has increased by 84.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.7%-15.5%
% Black
5.6%27.3%
% Hispanic
22.2%55.2%
% Asian
4.8%220.0%
% Foreign Born
15.5%84.5%
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Mortgage and Risk — Florida, NY

According to HUD data as of 2023, there were 79 mortgage originations in Florida, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Florida, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
79
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
1.0%
% Second Loans
3.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Florida, NY

As of 2024, the percent of homes in Florida, NY under the Section 8 program is 0.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Florida, NY, because HUD payments exceed market rent, while 1-bedroom units do not.

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
0.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$20$1,880$1,860
2 Bedroom$400$1,980$2,380
3 Bedroom$90$2,950$3,040
4 Bedroom$1,030$2,250$3,280

Affordability — Florida, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$456,000
Median Household Income$108,000

Florida, NY — ZIP Code Boundary Map

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Frequently Asked Questions