Waterford, NY—12188
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Waterford, NY
As of Oct '25, the median home price in Waterford, NY is $369,000, with a year-over-year change of 2.5%. This indicates that home prices in Waterford, 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 | $369,000 | 2.5% |
| Single Family | $370,000 | 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 | $307,000 | 4.8% |
3 Bed | $361,000 | 2.3% |
4 Bed | $459,000 | 3.6% |
| 5 Bed | $467,000 | 4.0% |
% of Housing Stock
Rental Trends — Waterford, NY
As of July '25, Rentcast reports the average rent in Waterford, NY is $1,690, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Waterford, NY is studios: $350, 1-bedrooms: $1,320, 2-bedrooms: $1,640, 3-bedrooms: $2,370. The most common rental property sizes in Waterford, NY are 2-bedroom and 1-bedroom, accounting for 38.2% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,690 |
| Studio Rent | $350 | $350 |
| 1 Bed Rent | $1,500 | $1,320 |
| 2 Bed Rent | $1,700 | $1,640 |
| 3 Bed Rent | $1,790 | $2,370 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Waterford, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Waterford, NY is 77. 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | -14.0% |
Listing Count | 31 | 30.0% |
| Listings as % of Homes | 0.4% | 30.0% |
Days on Market | 77 | 11.0% |
Demographics — Waterford, NY
As of the latest ACS Survey released in 2023, Waterford, NY has a population of 11,400, which has increased by 4.2% over the past 5 years. Waterford, NY is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 32.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,400 | 4.2% |
% Under 18 | 18.6% | -5.6% |
% Seniors | 21.9% | 57.6% |
% WFH | 15.8% | 295.0% |
% w/ College Degree | 32.1% | 2.9% |
As of the latest ACS Survey released in 2023, Waterford, NY is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Waterford, NY is hispanic, making up 4.4% of the population. Foreign-born residents account for 4.6% of the population in Waterford, NY, and this percentage has decreased by 20.7% 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 | 87.6% | -4.3% |
% Black | 3.3% | 560.0% |
% Hispanic | 4.4% | 18.9% |
% Asian | 1.2% | -45.5% |
% Foreign Born | 4.6% | -20.7% |
Mortgage and Risk — Waterford, NY
According to HUD data as of 2023, there were 203 mortgage originations in Waterford, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Waterford, NY. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 203 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Waterford, NY
Waterford, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 165 |
Total Units Section 8 | 164 |
% Rentals under Section 8 | 11.6% |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$310 | $1,500 | $1,190 |
| 2 Bedroom | -$260 | $1,700 | $1,440 |
| 3 Bedroom | -$60 | $1,790 | $1,730 |
| 4 Bedroom | N/A | N/A | $1,910 |
Affordability — Waterford, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $369,000 |
| Median Household Income | $87,200 |