Latham, NY—12110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Latham, NY
As of Oct '25, the median home price in Latham, NY is $391,000, with a year-over-year change of 3.6%. This indicates that home prices in Latham, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $391,000 | 3.6% |
| Single Family | $392,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $288,000 | 5.1% |
3 Bed | $361,000 | 3.4% |
4 Bed | $468,000 | 4.7% |
| 5 Bed | $513,000 | 4.7% |
% of Housing Stock
Rental Trends — Latham, NY
As of July '25, Rentcast reports the average rent in Latham, NY is $2,230, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Latham, NY is studios: $1,240, 1-bedrooms: $1,530, 2-bedrooms: $2,040, 3-bedrooms: $2,480, 4-bedrooms: $3,470. The most common rental property sizes in Latham, NY are 2-bedroom and 1-bedroom, accounting for 42.2% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,150 | $2,230 |
| Studio Rent | $1,240 | $1,240 |
| 1 Bed Rent | $1,470 | $1,530 |
| 2 Bed Rent | $1,920 | $2,040 |
| 3 Bed Rent | $2,480 | $2,480 |
| 4 Bed Rent | $3,000 | $3,470 |
% of Rental Stock
Property Listings — Latham, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Latham, NY is 53. 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | 5.0% |
Listing Count | 102 | 12.0% |
| Listings as % of Homes | 1.2% | 12.0% |
Days on Market | 53 | 20.0% |
Demographics — Latham, NY
As of the latest ACS Survey released in 2023, Latham, NY has a population of 20,000, which has decreased by -9.4% over the past 5 years. Latham, NY is a moderately popular place for families, as children make up 19.7% of the population. The area has a highly educated workforce, with 46.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,000 | -9.4% |
% Under 18 | 19.7% | 13.9% |
% Seniors | 18.8% | 21.3% |
% WFH | 14.1% | 442.3% |
% w/ College Degree | 46.0% | 11.7% |
As of the latest ACS Survey released in 2023, Latham, NY is a predominantly white area, with 75.3% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Latham, NY is asian, making up 11.3% of the population. Foreign-born residents account for 12.1% of the population in Latham, NY, and this percentage has increased by 1.7% 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 | 75.3% | -3.5% |
% Black | 5.0% | 6.4% |
% Hispanic | 2.6% | -60.6% |
% Asian | 11.3% | 28.4% |
% Foreign Born | 12.1% | 1.7% |
Mortgage and Risk — Latham, NY
According to HUD data as of 2023, there were 272 mortgage originations in Latham, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Latham, 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 | 272 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Latham, NY
As of 2024, the percent of homes in Latham, NY under the Section 8 program is 3.5%. 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. In Latham, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 110 |
Total Units Section 8 | 109 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,470 | $1,450 |
| 2 Bedroom | -$170 | $1,920 | $1,750 |
| 3 Bedroom | -$370 | $2,480 | $2,110 |
| 4 Bedroom | -$680 | $3,000 | $2,320 |
Affordability — Latham, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $391,000 |
| Median Household Income | $102,000 |