Garnerville, NY—10923
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garnerville, NY
As of Oct '25, the median home price in Garnerville, NY is $602,000, with a year-over-year change of 3.6%. This indicates that home prices in Garnerville, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $602,000 | 3.6% |
| Single Family | $610,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $411,000 | 2.2% |
3 Bed | $508,000 | 1.8% |
4 Bed | $659,000 | 3.1% |
| 5 Bed | $709,000 | 3.2% |
% of Housing Stock
Rental Trends — Garnerville, NY
As of July '25, Rentcast reports the average rent in Garnerville, NY is $2,460, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Garnerville, NY is 1-bedrooms: $2,100, 3-bedrooms: $2,930. The most common rental property sizes in Garnerville, NY are 2-bedroom and 1-bedroom, accounting for 45.5% and 30.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,100 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,950 | $2,930 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Garnerville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Garnerville, NY is 34. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $646,000 | 1.0% |
Listing Count | 30 | 126.0% |
| Listings as % of Homes | 0.3% | 126.0% |
Days on Market | 34 | -26.0% |
Demographics — Garnerville, NY
As of the latest ACS Survey released in 2023, Garnerville, NY has a population of 9,190, which has increased by 11.5% over the past 5 years. Garnerville, NY is a popular place for families, as children make up 29.3% of the population. The area has a moderately educated workforce, with 36.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,190 | 11.5% |
% Under 18 | 29.3% | 33.2% |
% Seniors | 11.7% | -5.6% |
% WFH | 7.6% | 111.1% |
% w/ College Degree | 36.2% | 35.6% |
As of the latest ACS Survey released in 2023, Garnerville, NY is a predominantly hispanic area, with 55.6% of the population identifying as hispanic. The hispanic population has grown by 51.5% in the last 5 years. The second most common race or ethnicity in Garnerville, NY is white, making up 27.2% of the population. Foreign-born residents account for 26.5% of the population in Garnerville, NY, and this percentage has increased by 9.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 27.2% | -36.9% |
% Black | 10.6% | -10.9% |
% Hispanic | 55.6% | 51.5% |
% Asian | 5.4% | -15.6% |
% Foreign Born | 26.5% | 9.1% |
Mortgage and Risk — Garnerville, NY
According to HUD data as of 2023, there were 45 mortgage originations in Garnerville, NY, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Garnerville, NY. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Garnerville, NY
Garnerville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $2,000 | $2,470 |
| 2 Bedroom | N/A | N/A | $2,740 |
| 3 Bedroom | $460 | $2,950 | $3,410 |
| 4 Bedroom | N/A | N/A | $3,680 |
Affordability — Garnerville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $602,000 |
| Median Household Income | $95,800 |