Esperance, NY—12066
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Esperance, NY
As of Oct '25, the median home price in Esperance, NY is $273,000, with a year-over-year change of 2.2%. This indicates that home prices in Esperance, NY are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $273,000 | 2.2% |
| Single Family | $273,000 | 2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $221,000 | 0.5% |
3 Bed | $270,000 | 1.9% |
4 Bed | $348,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Esperance, NY
Esperance, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Esperance, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Esperance, NY is 96. This is a decrease of -23.0% 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 | $115,000 | 233.0% |
Listing Count | 10 | 107.0% |
| Listings as % of Homes | 0.9% | 107.0% |
Days on Market | 96 | -23.0% |
Demographics — Esperance, NY
As of the latest ACS Survey released in 2023, Esperance, NY has a population of 1,830, which has increased by 2.6% over the past 5 years. Esperance, NY is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 21.3% 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 | 1,830 | 2.6% |
% Under 18 | 20.7% | 22.5% |
% Seniors | 12.7% | -18.1% |
% WFH | 9.8% | 32.4% |
% w/ College Degree | 21.3% | 28.3% |
As of the latest ACS Survey released in 2023, Esperance, NY is a predominantly white area, with 89.9% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Esperance, NY is hispanic, making up 1.9% of the population. Foreign-born residents account for 0.5% of the population in Esperance, NY, and this percentage has decreased by 58.3% 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 | 89.9% | -4.7% |
% Black | 0.1% | -91.7% |
% Hispanic | 1.9% | -50.0% |
% Asian | 0.2% | -77.8% |
% Foreign Born | 0.5% | -58.3% |
Mortgage and Risk — Esperance, NY
Esperance, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Esperance, NY
Esperance, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,240 |
| 2 Bedroom | N/A | N/A | $1,500 |
| 3 Bedroom | N/A | N/A | $1,830 |
| 4 Bedroom | N/A | N/A | $1,990 |
Affordability — Esperance, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $273,000 |
| Median Household Income | $71,200 |