Richmondville, NY—12149
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Richmondville, NY
As of Oct '25, the median home price in Richmondville, NY is $232,000, with a year-over-year change of 3.1%. This indicates that home prices in Richmondville, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | 3.1% |
| Single Family | $231,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 3.4% |
3 Bed | $258,000 | 2.0% |
4 Bed | $285,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Richmondville, NY
As of July '25, Rentcast reports the average rent in Richmondville, NY is $1,080, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Richmondville, NY is 1-bedrooms: $750, 2-bedrooms: $1,140. The most common rental property sizes in Richmondville, NY are 1-bedroom and 2-bedroom, accounting for 45.5% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Richmondville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Richmondville, NY is 71. This is a increase of 11.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | 28.0% |
Listing Count | 12 | 24.0% |
| Listings as % of Homes | 0.7% | 24.0% |
Days on Market | 71 | 11.0% |
Demographics — Richmondville, NY
As of the latest ACS Survey released in 2023, Richmondville, NY has a population of 2,180, which has decreased by -8.9% over the past 5 years. Richmondville, NY is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,180 | -8.9% |
% Under 18 | 23.2% | 10.0% |
% Seniors | 20.1% | 9.8% |
% WFH | 17.9% | 539.3% |
% w/ College Degree | 23.4% | 18.2% |
As of the latest ACS Survey released in 2023, Richmondville, NY is a predominantly white area, with 93.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Richmondville, NY is hispanic, making up 2.5% of the population. Foreign-born residents account for 4.2% of the population in Richmondville, NY, and this percentage has increased by 35.5% 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 | 93.3% | -1.5% |
% Black | 1.2% | -45.5% |
% Hispanic | 2.5% | 733.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 4.2% | 35.5% |
Mortgage and Risk — Richmondville, NY
According to HUD data as of 2023, there were 78 mortgage originations in Richmondville, NY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Richmondville, 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 | 78 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Richmondville, NY
Richmondville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 10.6% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $750 | $1,020 |
| 2 Bedroom | $140 | $1,100 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,500 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Richmondville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $232,000 |
| Median Household Income | $58,800 |