Fonda, NY—12068
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fonda, NY
As of Oct '25, the median home price in Fonda, NY is $218,000, with a year-over-year change of 4.4%. This indicates that home prices in Fonda, NY are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | 4.4% |
| Single Family | $218,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $184,000 | 2.2% |
3 Bed | $224,000 | 3.2% |
4 Bed | $253,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fonda, NY
Fonda, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 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 — Fonda, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Fonda, NY is 48. This is a increase of 21.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $177,000 | 2.0% |
Listing Count | 9 | -34.0% |
| Listings as % of Homes | 0.7% | -34.0% |
Days on Market | 48 | 21.0% |
Demographics — Fonda, NY
As of the latest ACS Survey released in 2023, Fonda, NY has a population of 2,720, which has decreased by -11.9% over the past 5 years. Fonda, NY is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 17.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,720 | -11.9% |
% Under 18 | 23.3% | 1.7% |
% Seniors | 18.5% | 19.4% |
% WFH | 5.5% | -14.1% |
% w/ College Degree | 17.5% | -5.4% |
As of the latest ACS Survey released in 2023, Fonda, NY is a predominantly white area, with 94.8% of the population identifying as white. The white population has grown by 7.6% in the last 5 years. The second most common race or ethnicity in Fonda, NY is hispanic, making up 2.0% of the population. Foreign-born residents account for 1.7% of the population in Fonda, NY, and this percentage has increased by 70.0% 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 | 94.8% | 7.6% |
% Black | 0.6% | 500.0% |
% Hispanic | 2.0% | -80.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.7% | 70.0% |
Mortgage and Risk — Fonda, NY
According to HUD data as of 2023, there were 72 mortgage originations in Fonda, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Fonda, NY. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 72 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fonda, NY
Fonda, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $800 | $790 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Fonda, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $218,000 |
| Median Household Income | $73,000 |