Otisville, NY—10963
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Otisville, NY
Otisville, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $421,000 | 2.1% |
| Single Family | $421,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $301,000 | -1.6% |
3 Bed | $416,000 | 2.0% |
4 Bed | $522,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Otisville, NY
As of July '25, Rentcast reports the average rent in Otisville, NY is $2,340, with a year-over-year rent change of 5.4%. Per bedroom, the median rent as of July '25 in Otisville, NY is 2-bedrooms: $1,920, 4-bedrooms: $3,600. The most common rental property sizes in Otisville, NY are 1-bedroom and 2-bedroom, accounting for 39.6% and 39.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,750 | $1,920 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,600 | $3,600 |
% of Rental Stock
Property Listings — Otisville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Otisville, NY is 86. This is a increase of 11.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $625,000 | 21.0% |
Listing Count | 20 | 84.0% |
| Listings as % of Homes | 0.8% | 84.0% |
Days on Market | 86 | 11.0% |
Demographics — Otisville, NY
As of the latest ACS Survey released in 2023, Otisville, NY has a population of 3,940, which has decreased by -7.9% over the past 5 years. Otisville, NY is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,940 | -7.9% |
% Under 18 | 15.4% | -12.0% |
% Seniors | 17.9% | 59.8% |
% WFH | 16.2% | 422.6% |
% w/ College Degree | 16.9% | 25.2% |
As of the latest ACS Survey released in 2023, Otisville, NY is a predominantly white area, with 53.8% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Otisville, NY is hispanic, making up 20.2% of the population. Foreign-born residents account for 14.9% of the population in Otisville, NY, and this percentage has increased by 41.9% 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 | 53.8% | -1.6% |
% Black | 19.8% | 12.5% |
% Hispanic | 20.2% | -16.5% |
% Asian | 3.8% | 72.7% |
% Foreign Born | 14.9% | 41.9% |
Mortgage and Risk — Otisville, NY
According to HUD data as of 2023, there were 101 mortgage originations in Otisville, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Otisville, NY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Otisville, NY
Otisville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,280 |
| 2 Bedroom | -$100 | $1,750 | $1,650 |
| 3 Bedroom | N/A | N/A | $2,090 |
| 4 Bedroom | -$1,290 | $3,600 | $2,310 |
Affordability — Otisville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $421,000 |
| Median Household Income | $79,300 |