Delmar, NY—12054
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Delmar, NY
As of Oct '25, the median home price in Delmar, NY is $433,000, with a year-over-year change of 6.1%. This indicates that home prices in Delmar, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $433,000 | 6.1% |
| Single Family | $434,000 | 6.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $313,000 | 7.2% |
3 Bed | $387,000 | 6.0% |
4 Bed | $507,000 | 7.0% |
| 5 Bed | $583,000 | 5.6% |
% of Housing Stock
Rental Trends — Delmar, NY
As of July '25, Rentcast reports the average rent in Delmar, NY is $1,950, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Delmar, NY is 1-bedrooms: $1,690, 2-bedrooms: $1,700, 3-bedrooms: $2,350, 4-bedrooms: $2,800. The most common rental property sizes in Delmar, NY are 2-bedroom and 3-bedroom, accounting for 38.7% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,690 |
| 2 Bed Rent | $1,750 | $1,700 |
| 3 Bed Rent | $2,350 | $2,350 |
| 4 Bed Rent | $2,800 | $2,800 |
% of Rental Stock
Property Listings — Delmar, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Delmar, NY is 20. This is a decrease of -4.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $439,000 | 20.0% |
Listing Count | 51 | 72.0% |
| Listings as % of Homes | 0.3% | 72.0% |
Days on Market | 20 | -4.0% |
Demographics — Delmar, NY
As of the latest ACS Survey released in 2023, Delmar, NY has a population of 17,000, which has increased by 2.0% over the past 5 years. Delmar, NY is a moderately popular place for families, as children make up 21.4% of the population. The area has a highly educated workforce, with 68.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 2.0% |
% Under 18 | 21.4% | 0.0% |
% Seniors | 22.5% | 21.6% |
% WFH | 18.0% | 227.3% |
% w/ College Degree | 68.4% | 3.8% |
As of the latest ACS Survey released in 2023, Delmar, NY is a predominantly white area, with 91.9% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Delmar, NY is hispanic, making up 2.9% of the population. Foreign-born residents account for 5.5% of the population in Delmar, NY, and this percentage has decreased by 6.8% 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 | 91.9% | 2.0% |
% Black | 0.4% | -87.9% |
% Hispanic | 2.9% | 38.1% |
% Asian | 2.2% | -35.3% |
% Foreign Born | 5.5% | -6.8% |
Mortgage and Risk — Delmar, NY
According to HUD data as of 2023, there were 328 mortgage originations in Delmar, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Delmar, NY. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 328 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Delmar, NY
As of 2024, the percent of homes in Delmar, NY under the Section 8 program is 2.9%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Delmar, NY, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 56 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$190 | $1,700 | $1,510 |
| 2 Bedroom | $80 | $1,750 | $1,830 |
| 3 Bedroom | -$150 | $2,350 | $2,200 |
| 4 Bedroom | -$370 | $2,800 | $2,430 |
Affordability — Delmar, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $433,000 |
| Median Household Income | $129,000 |