Gilboa, NY—12076
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gilboa, NY
As of Oct '25, the median home price in Gilboa, NY is $214,000, with a year-over-year change of 1.4%. This indicates that home prices in Gilboa, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $214,000 | 1.4% |
| Single Family | $213,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $194,000 | 2.6% |
3 Bed | $249,000 | 2.9% |
4 Bed | $297,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gilboa, NY
Gilboa, 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 — Gilboa, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Gilboa, NY is 89. This is a increase of 32.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $603,000 | 19.0% |
Listing Count | 25 | 13.0% |
| Listings as % of Homes | 1.6% | 13.0% |
Days on Market | 89 | 32.0% |
Demographics — Gilboa, NY
As of the latest ACS Survey released in 2023, Gilboa, NY has a population of 1,320, which has decreased by -13.1% over the past 5 years. Gilboa, NY is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,320 | -13.1% |
% Under 18 | 17.1% | 8.9% |
% Seniors | 32.2% | 35.3% |
% WFH | 8.1% | 0.0% |
% w/ College Degree | 25.8% | 41.0% |
As of the latest ACS Survey released in 2023, Gilboa, NY is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Gilboa, NY is hispanic, making up 4.3% of the population. Foreign-born residents account for 8.8% of the population in Gilboa, NY, and this percentage has increased by 60.0% 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 | 81.8% | -12.0% |
% Black | 1.1% | 266.7% |
% Hispanic | 4.3% | -27.1% |
% Asian | 1.6% | 128.6% |
% Foreign Born | 8.8% | 60.0% |
Mortgage and Risk — Gilboa, NY
According to HUD data as of 2023, there were 44 mortgage originations in Gilboa, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Gilboa, 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 | 44 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Gilboa, NY
Gilboa, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | N/A | N/A | $1,090 |
| 2 Bedroom | N/A | N/A | $1,320 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Gilboa, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $214,000 |
| Median Household Income | $73,100 |