Piermont, NY 10968 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Piermont, NY—10968

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$807,000

7.3% YoY Growth

Household Income

$132,000

14.7% YoY Growth

Days on Market

28.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$2,990

9.0% YoY Growth

1-Bed Rent

$2,450

5.6% YoY Growth

2-Bed Rent

$3,150

15.9% YoY Growth

3-Bed Rent

$3,300

52.2% YoY Growth

Home Price Trends — Piermont, NY

As of May '26, the median home price in Piermont, NY is $807,000, with a year-over-year change of 7.3%. This indicates that home prices in Piermont, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$807,000	7.3%
Single Family	$875,000	7.6%
Condos	$542,000	4.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Piermont, NY

As of July '25, Rentcast reports the average rent in Piermont, NY is $3,240, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Piermont, NY is 1-bedrooms: $2,440, 2-bedrooms: $3,500, 3-bedrooms: $3,300, 4-bedrooms: $4,900. The most common rental property sizes in Piermont, NY are 1-bedroom and 2-bedroom, accounting for 50.2% and 36.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,990	$3,240
Studio Rent	N/A	N/A
1 Bed Rent	$2,450	$2,440
2 Bed Rent	$3,150	$3,500
3 Bed Rent	$3,300	$3,300
4 Bed Rent	$4,900	$4,900

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% of Rental Stock

Studio

2.5%

1 Bedroom

50.2%

2 Bedrooms

36.9%

3 Bedrooms

10.3%

Property Listings — Piermont, NY

As of May '26, Realtor.com reports that the median days on market for a home in Piermont, NY is 37. This is a increase of 28.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$862,000	-14.0%
Listing Count	12	17.0%
Listings as % of Homes	0.9%	17.0%
Days on Market	37	28.0%

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Demographics — Piermont, NY

As of the latest ACS Survey released in 2023, Piermont, NY has a population of 2,410, which has increased by 1.8% over the past 5 years. Piermont, NY is a less popular place for families, as children make up 14.5% of the population. The area has a highly educated workforce, with 65.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,410	1.8%
% Under 18	14.5%	10.7%
% Seniors	20.4%	-15.7%
% WFH	27.3%	137.4%
% w/ College Degree	65.5%	-7.4%

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As of the latest ACS Survey released in 2023, Piermont, NY is a predominantly white area, with 82.3% of the population identifying as white. The white population has grown by 14.0% in the last 5 years. The second most common race or ethnicity in Piermont, NY is asian, making up 9.8% of the population. Foreign-born residents account for 12.1% of the population in Piermont, NY, and this percentage has decreased by 28.0% 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	82.3%	14.0%
% Black	1.1%	-72.5%
% Hispanic	4.8%	-57.5%
% Asian	9.8%	10.1%
% Foreign Born	12.1%	-28.0%

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Mortgage and Risk — Piermont, NY

According to HUD data as of 2023, there were 39 mortgage originations in Piermont, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Piermont, NY. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	39
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	0.0%
% Second Loans	3.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — Piermont, NY

As of 2024, the percent of homes in Piermont, NY under the Section 8 program is 0.2%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Piermont, NY, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	0.2%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$420	$2,450	$2,870
2 Bedroom	$30	$3,150	$3,180
3 Bedroom	$660	$3,300	$3,960
4 Bedroom	-$620	$4,900	$4,280

Piermont, NY—10968

Key Metrics at a Glance

Home Price Trends — Piermont, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Piermont, NY

% of Rental Stock

Property Listings — Piermont, NY

Demographics — Piermont, NY

Race and Ethnicity

Mortgage and Risk — Piermont, NY

Mortgages

Rentals and Section 8 — Piermont, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Piermont, NY

Home Price to Income Ratio

Piermont, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Sparkill, NY

Palisades, NY

Tappan, NY

Orangeburg, NY

Northvale, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$807,000
Median Household Income	$132,000

Piermont, NY—10968

Key Metrics at a Glance

Home Price Trends — Piermont, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Piermont, NY

% of Rental Stock

Property Listings — Piermont, NY

Demographics — Piermont, NY

Race and Ethnicity

Mortgage and Risk — Piermont, NY

Mortgages

Rentals and Section 8 — Piermont, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Piermont, NY

Home Price to Income Ratio

Piermont, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Sparkill, NY

Palisades, NY

Tappan, NY

Orangeburg, NY

Northvale, NJ

Frequently Asked Questions

What is the average home price in Piermont, NY 10968?

How have home prices in Piermont, NY 10968 changed over the past year?

What is the home price projection for Piermont, NY 10968?

What are the demographics of Piermont, NY 10968?

How long does it take homes to sell in Piermont, NY 10968?

What is the average rent price in Piermont, NY 10968?