Highland Falls, NY—10928
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Highland Falls, NY
Highland Falls, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $418,000 | 4.3% |
| Single Family | $417,000 | 3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $374,000 | 3.6% |
3 Bed | $417,000 | 4.0% |
4 Bed | $456,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Highland Falls, NY
As of July '25, Rentcast reports the average rent in Highland Falls, NY is $1,990, with a year-over-year rent change of -17.8%. Per bedroom, the median rent as of July '25 in Highland Falls, NY is studios: $1,400, 1-bedrooms: $1,860, 2-bedrooms: $2,050, 3-bedrooms: $2,240, 4-bedrooms: $2,950. The most common rental property sizes in Highland Falls, NY are 1-bedroom and 2-bedroom, accounting for 36.5% and 35.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,980 | $1,990 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,700 | $1,860 |
| 2 Bed Rent | $1,980 | $2,050 |
| 3 Bed Rent | $2,250 | $2,240 |
| 4 Bed Rent | $2,950 | $2,950 |
% of Rental Stock
Property Listings — Highland Falls, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Highland Falls, NY is 31. This is a decrease of -63.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $414,000 | -17.0% |
Listing Count | 11 | 25.0% |
| Listings as % of Homes | 0.5% | 25.0% |
Days on Market | 31 | -63.0% |
Demographics — Highland Falls, NY
As of the latest ACS Survey released in 2023, Highland Falls, NY has a population of 5,270, which has increased by 30.0% over the past 5 years. Highland Falls, NY is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 32.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,270 | 30.0% |
% Under 18 | 21.5% | 10.8% |
% Seniors | 14.9% | -11.8% |
% WFH | 7.8% | 500.0% |
% w/ College Degree | 32.8% | -29.8% |
As of the latest ACS Survey released in 2023, Highland Falls, NY is a predominantly white area, with 43.8% of the population identifying as white. The white population has shrunk by 26.6% in the last 5 years. The second most common race or ethnicity in Highland Falls, NY is hispanic, making up 30.2% of the population. Foreign-born residents account for 19.1% of the population in Highland Falls, NY, and this percentage has increased by 33.6% 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 | 43.8% | -26.6% |
% Black | 16.2% | 0.6% |
% Hispanic | 30.2% | 137.8% |
% Asian | 5.0% | -20.6% |
% Foreign Born | 19.1% | 33.6% |
Mortgage and Risk — Highland Falls, NY
According to HUD data as of 2023, there were 67 mortgage originations in Highland Falls, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Highland Falls, NY. Investor activity is low, as 4.0% 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 | 67 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Highland Falls, NY
As of 2024, the percent of homes in Highland Falls, NY under the Section 8 program is 15.1%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Highland Falls, NY, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 140 |
Total Units Section 8 | 140 |
% Rentals under Section 8 | 15.1% |
% Occupied Section 8 | 68.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,700 | $1,640 |
| 2 Bedroom | $110 | $1,980 | $2,090 |
| 3 Bedroom | $420 | $2,250 | $2,670 |
| 4 Bedroom | -$70 | $2,950 | $2,880 |
Affordability — Highland Falls, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $418,000 |
| Median Household Income | $96,100 |