Greenwood Lake, NY10925

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$406,000
1.9% YoY Growth
Median Household Income
$89,300
1.5% 5-Year Growth
Days on Market
90
25.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,500
14.0% YoY Growth
1-Bed Rent
$2,000
13.6% YoY Growth
2-Bed Rent
$1,950
6.0% YoY Growth
3-Bed Rent
$2,650
5.7% YoY Growth

Property Listings — Greenwood Lake, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Greenwood Lake, NY is 90. This is a increase of 25.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$499,0000.0%
Listing Count
4337.0%
Listings as % of Homes1.1%37.0%
Days on Market
9025.0%
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Demographics — Greenwood Lake, NY

As of the latest ACS Survey released in 2023, Greenwood Lake, NY has a population of 4,440, which has increased by 14.5% over the past 5 years. Greenwood Lake, NY is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 34.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,44014.5%
% Under 18
15.2%-10.1%
% Seniors
20.1%22.6%
% WFH
21.7%152.3%
% w/ College Degree
34.8%37.5%
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As of the latest ACS Survey released in 2023, Greenwood Lake, NY is a predominantly white area, with 78.4% of the population identifying as white. The white population has grown by 2.3% in the last 5 years. The second most common race or ethnicity in Greenwood Lake, NY is hispanic, making up 14.6% of the population. Foreign-born residents account for 15.4% of the population in Greenwood Lake, NY, and this percentage has increased by 97.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
78.4%2.3%
% Black
1.0%0.0%
% Hispanic
14.6%-20.2%
% Asian
3.7%516.7%
% Foreign Born
15.4%97.4%
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Mortgage and Risk — Greenwood Lake, NY

According to HUD data as of 2023, there were 119 mortgage originations in Greenwood Lake, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Greenwood Lake, NY. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
119
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
2.0%
% Second Loans
6.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Greenwood Lake, NY

As of 2024, the percent of homes in Greenwood Lake, NY under the Section 8 program is 1.2%. 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. In Greenwood Lake, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
1.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$620$2,000$1,380
2 Bedroom-$180$1,950$1,770
3 Bedroom-$390$2,650$2,260
4 Bedroom-$510$2,950$2,440

Affordability — Greenwood Lake, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$406,000
Median Household Income$89,300

Greenwood Lake, NY — ZIP Code Boundary Map

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Frequently Asked Questions