Amsterdam, NY—12010
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Amsterdam, NY
As of Oct '25, the median home price in Amsterdam, NY is $232,000, with a year-over-year change of 0.7%. This indicates that home prices in Amsterdam, NY are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 0.7% |
| Single Family | $232,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $127,000 | -10.6% |
2 Bed | $195,000 | -0.5% |
3 Bed | $242,000 | -0.4% |
4 Bed | $280,000 | 2.2% |
| 5 Bed | $250,000 | 0.0% |
% of Housing Stock
Rental Trends — Amsterdam, NY
As of July '25, Rentcast reports the average rent in Amsterdam, NY is $1,350, with a year-over-year rent change of 8.9%. Per bedroom, the median rent as of July '25 in Amsterdam, NY is 1-bedrooms: $1,080, 2-bedrooms: $1,300, 3-bedrooms: $1,460, 4-bedrooms: $1,650. The most common rental property sizes in Amsterdam, NY are 2-bedroom and 3-bedroom, accounting for 38.1% and 28.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,000 | $1,080 |
| 2 Bed Rent | $1,300 | $1,300 |
| 3 Bed Rent | $1,350 | $1,460 |
| 4 Bed Rent | $1,650 | $1,650 |
% of Rental Stock
Property Listings — Amsterdam, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Amsterdam, NY is 69. This is a increase of 20.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $294,000 | 30.0% |
Listing Count | 85 | -9.0% |
| Listings as % of Homes | 0.4% | -9.0% |
Days on Market | 69 | 20.0% |
Demographics — Amsterdam, NY
As of the latest ACS Survey released in 2023, Amsterdam, NY has a population of 27,300, which has decreased by -3.1% over the past 5 years. Amsterdam, NY is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 22.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,300 | -3.1% |
% Under 18 | 22.5% | 2.7% |
% Seniors | 20.6% | 14.4% |
% WFH | 9.8% | 292.0% |
% w/ College Degree | 22.9% | 20.5% |
As of the latest ACS Survey released in 2023, Amsterdam, NY is a predominantly white area, with 68.3% of the population identifying as white. The white population has shrunk by 8.9% in the last 5 years. The second most common race or ethnicity in Amsterdam, NY is hispanic, making up 23.0% of the population. Foreign-born residents account for 4.6% of the population in Amsterdam, NY, and this percentage has increased by 24.3% 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 | 68.3% | -8.9% |
% Black | 4.9% | 63.3% |
% Hispanic | 23.0% | 12.2% |
% Asian | 1.5% | 275.0% |
% Foreign Born | 4.6% | 24.3% |
Mortgage and Risk — Amsterdam, NY
According to HUD data as of 2023, there were 376 mortgage originations in Amsterdam, NY, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Amsterdam, NY. Investor activity is low, as 2.0% 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 | 376 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Amsterdam, NY
As of 2024, the percent of homes in Amsterdam, NY under the Section 8 program is 22.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Amsterdam, NY, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,011 |
Total Units Section 8 | 927 |
% Rentals under Section 8 | 22.7% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $1,000 | $1,020 |
| 2 Bedroom | -$60 | $1,300 | $1,240 |
| 3 Bedroom | $150 | $1,350 | $1,500 |
| 4 Bedroom | $0 | $1,650 | $1,650 |
Affordability — Amsterdam, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $232,000 |
| Median Household Income | $60,000 |