Thiells, NY—10984
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Thiells, NY
As of Oct '25, the median home price in Thiells, NY is $728,000, with a year-over-year change of 5.3%. This indicates that home prices in Thiells, 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 | $728,000 | 5.4% |
| Single Family | $739,000 | 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 | $645,000 | 4.9% |
4 Bed | $742,000 | 5.8% |
| 5 Bed | $806,000 | 4.9% |
% of Housing Stock
Rental Trends — Thiells, NY
As of July '25, Rentcast reports the average rent in Thiells, NY is $5,250, with a year-over-year rent change of 22.7%. Per bedroom, the median rent as of July '25 in Thiells, NY is 4-bedrooms: $4,000. The most common rental property sizes in Thiells, NY are 4-bedroom and 3-bedroom, accounting for 30.4% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $5,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — Thiells, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Thiells, NY is 48. This is a decrease of -27.0% 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 | $756,000 | 5.0% |
Listing Count | 8 | 32.0% |
| Listings as % of Homes | 0.8% | 32.0% |
Days on Market | 48 | -27.0% |
Demographics — Thiells, NY
As of the latest ACS Survey released in 2023, Thiells, NY has a population of 2,760, which has remained stable by -0.7% over the past 5 years. Thiells, NY is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,760 | -0.7% |
% Under 18 | 23.1% | 32.0% |
% Seniors | 21.7% | 31.5% |
% WFH | 8.8% | 300.0% |
% w/ College Degree | 37.9% | -10.8% |
As of the latest ACS Survey released in 2023, Thiells, NY is a predominantly white area, with 62.2% of the population identifying as white. The white population has grown by 18.0% in the last 5 years. The second most common race or ethnicity in Thiells, NY is hispanic, making up 29.6% of the population. Foreign-born residents account for 5.3% of the population in Thiells, NY, and this percentage has decreased by 34.6% 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 | 62.2% | 18.0% |
% Black | 7.5% | -59.0% |
% Hispanic | 29.6% | -0.3% |
% Asian | 4.2% | 100.0% |
% Foreign Born | 5.3% | -34.6% |
Mortgage and Risk — Thiells, NY
According to HUD data as of 2023, there were 77 mortgage originations in Thiells, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Thiells, NY. Investor activity is low, as 3.0% 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 | 77 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Thiells, NY
Thiells, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 7.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,400 |
| 2 Bedroom | N/A | N/A | $2,660 |
| 3 Bedroom | N/A | N/A | $3,310 |
| 4 Bedroom | -$430 | $4,000 | $3,570 |
Affordability — Thiells, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $728,000 |
| Median Household Income | $110,000 |