Watervliet, NY—12189
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Watervliet, NY
As of Oct '25, the median home price in Watervliet, NY is $302,000, with a year-over-year change of 3.6%. This indicates that home prices in Watervliet, 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 | $302,000 | 3.6% |
| Single Family | $303,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $262,000 | 4.8% |
3 Bed | $278,000 | 3.0% |
4 Bed | $497,000 | 4.2% |
| 5 Bed | $465,000 | 2.6% |
% of Housing Stock
Rental Trends — Watervliet, NY
As of July '25, Rentcast reports the average rent in Watervliet, NY is $1,460, with a year-over-year rent change of 11.5%. Per bedroom, the median rent as of July '25 in Watervliet, NY is 1-bedrooms: $1,290, 2-bedrooms: $1,380, 3-bedrooms: $1,610, 4-bedrooms: $2,430. The most common rental property sizes in Watervliet, NY are 2-bedroom and 1-bedroom, accounting for 43.1% and 33.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,290 |
| 2 Bed Rent | $1,400 | $1,380 |
| 3 Bed Rent | $1,600 | $1,610 |
| 4 Bed Rent | $1,700 | $2,430 |
% of Rental Stock
Property Listings — Watervliet, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Watervliet, NY is 28. This is a decrease of -30.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | 45.0% |
Listing Count | 21 | -7.0% |
| Listings as % of Homes | 0.3% | -7.0% |
Days on Market | 28 | -30.0% |
Demographics — Watervliet, NY
As of the latest ACS Survey released in 2023, Watervliet, NY has a population of 18,200, which has increased by 3.7% over the past 5 years. Watervliet, NY is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,200 | 3.7% |
% Under 18 | 19.6% | -0.5% |
% Seniors | 18.4% | 21.1% |
% WFH | 10.8% | 500.0% |
% w/ College Degree | 26.8% | -8.5% |
As of the latest ACS Survey released in 2023, Watervliet, NY is a predominantly white area, with 71.7% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Watervliet, NY is asian, making up 7.9% of the population. Foreign-born residents account for 11.3% of the population in Watervliet, NY, and this percentage has decreased by 2.6% 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 | 71.7% | 0.3% |
% Black | 7.8% | -4.9% |
% Hispanic | 6.3% | -16.0% |
% Asian | 7.9% | -8.1% |
% Foreign Born | 11.3% | -2.6% |
Mortgage and Risk — Watervliet, NY
According to HUD data as of 2023, there were 201 mortgage originations in Watervliet, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Watervliet, NY. Investor activity is low, as 5.0% 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 | 201 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Watervliet, NY
As of 2024, the percent of homes in Watervliet, NY under the Section 8 program is 14.1%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Watervliet, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 816 |
Total Units Section 8 | 722 |
% Rentals under Section 8 | 14.1% |
% Occupied Section 8 | 80.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,250 | $1,080 |
| 2 Bedroom | -$90 | $1,400 | $1,310 |
| 3 Bedroom | -$20 | $1,600 | $1,580 |
| 4 Bedroom | $40 | $1,700 | $1,740 |
Affordability — Watervliet, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $302,000 |
| Median Household Income | $62,800 |