Warwick, NY10990

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$558,000
3.4% YoY Growth
Median Household Income
$123,000
21.5% 5-Year Growth
Days on Market
38
14.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$2,600
8.5% YoY Growth
1-Bed Rent
$1,850
1.1% YoY Growth
2-Bed Rent
$2,650
1.6% YoY Growth
3-Bed Rent
$3,000
2.6% YoY Growth

Property Listings — Warwick, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Warwick, NY is 38. This is a decrease of -14.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$680,000-10.0%
Listing Count
11158.0%
Listings as % of Homes0.5%58.0%
Days on Market
38-14.0%
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Demographics — Warwick, NY

As of the latest ACS Survey released in 2023, Warwick, NY has a population of 20,400, which has increased by 1.8% over the past 5 years. Warwick, NY is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 49.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
20,4001.8%
% Under 18
19.4%-7.6%
% Seniors
21.0%5.5%
% WFH
18.2%156.3%
% w/ College Degree
49.7%12.4%
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As of the latest ACS Survey released in 2023, Warwick, NY is a predominantly white area, with 83.8% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Warwick, NY is hispanic, making up 9.3% of the population. Foreign-born residents account for 8.2% of the population in Warwick, NY, and this percentage has increased by 24.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
83.8%3.5%
% Black
2.8%-58.2%
% Hispanic
9.3%13.4%
% Asian
1.6%-36.0%
% Foreign Born
8.2%24.2%
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Mortgage and Risk — Warwick, NY

According to HUD data as of 2023, there were 352 mortgage originations in Warwick, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Warwick, NY. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
352
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Warwick, NY

As of 2024, the percent of homes in Warwick, NY under the Section 8 program is 6.8%. 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. In Warwick, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
123
Total Units Section 8
123
% Rentals under Section 8
6.8%
% Occupied Section 8
96.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$520$1,850$1,330
2 Bedroom-$950$2,650$1,700
3 Bedroom-$830$3,000$2,170
4 Bedroom-$1,100$3,450$2,350

Affordability — Warwick, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4
Median Home Price$558,000
Median Household Income$123,000

Warwick, NY — ZIP Code Boundary Map

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Frequently Asked Questions