Palisades, NY—10964
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palisades, NY
As of Oct '25, the median home price in Palisades, NY is $916,000, with a year-over-year change of 5.4%. This indicates that home prices in Palisades, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $916,000 | 5.4% |
| Single Family | $916,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $735,000 | 4.3% |
4 Bed | $974,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Palisades, NY
As of July '25, Rentcast reports the average rent in Palisades, NY is $5,380, with a year-over-year rent change of -13.9%. Per bedroom, the median rent as of July '25 in Palisades, NY is 3-bedrooms: $5,750. The most common rental property sizes in Palisades, NY are 4-bedroom and 1-bedroom, accounting for 60.0% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $5,750 | $5,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Palisades, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Palisades, NY is 171. This is a increase of 138.0% 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 | $2,270,000 | -43.0% |
Listing Count | 10 | 68.0% |
| Listings as % of Homes | 1.8% | 68.0% |
Days on Market | 171 | 138.0% |
Demographics — Palisades, NY
As of the latest ACS Survey released in 2023, Palisades, NY has a population of 1,400, which has increased by 8.7% over the past 5 years. Palisades, NY is a moderately popular place for families, as children make up 16.1% of the population. The area has a highly educated workforce, with 59.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,400 | 8.7% |
% Under 18 | 16.1% | 17.5% |
% Seniors | 22.9% | -35.9% |
% WFH | 11.9% | 41.7% |
% w/ College Degree | 59.3% | 3.7% |
As of the latest ACS Survey released in 2023, Palisades, NY is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in Palisades, NY is asian, making up 15.8% of the population. Foreign-born residents account for 15.6% of the population in Palisades, NY, and this percentage has decreased by 30.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.5% | -13.6% |
% Black | 5.8% | 123.1% |
% Hispanic | 12.0% | 192.7% |
% Asian | 15.8% | 54.9% |
% Foreign Born | 15.6% | -30.0% |
Mortgage and Risk — Palisades, NY
According to HUD data as of 2023, there were 48 mortgage originations in Palisades, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Palisades, NY. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Palisades, NY
Palisades, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,440 |
| 2 Bedroom | N/A | N/A | $2,750 |
| 3 Bedroom | -$2,340 | $5,750 | $3,410 |
| 4 Bedroom | N/A | N/A | $3,950 |
Affordability — Palisades, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $916,000 |
| Median Household Income | N/A |