Westerlo, NY—12193
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westerlo, NY
As of Oct '25, the median home price in Westerlo, NY is $319,000, with a year-over-year change of 1.5%. This indicates that home prices in Westerlo, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | 1.5% |
| Single Family | $320,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 1.2% |
3 Bed | $325,000 | 0.6% |
4 Bed | $387,000 | 4.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westerlo, NY
As of July '25, Rentcast reports the average rent in Westerlo, NY is $1,500, with a year-over-year rent change of -37.5%. Per bedroom, the median rent as of July '25 in Westerlo, NY is 2-bedrooms: $1,500. The most common rental property sizes in Westerlo, NY are 1-bedroom and 3-bedroom, accounting for 55.9% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Westerlo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Westerlo, NY is 45. This is a decrease of -51.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $361,000 | -56.0% |
Listing Count | 13 | 17.0% |
| Listings as % of Homes | 0.4% | 17.0% |
Days on Market | 45 | -51.0% |
Demographics — Westerlo, NY
As of the latest ACS Survey released in 2023, Westerlo, NY has a population of 1,830, which has remained stable by 0.1% over the past 5 years. Westerlo, NY is a less popular place for families, as children make up 14.7% 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 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,830 | 0.1% |
% Under 18 | 14.7% | -12.0% |
% Seniors | 34.3% | 57.3% |
% WFH | 17.6% | 238.5% |
% w/ College Degree | 32.1% | 65.5% |
As of the latest ACS Survey released in 2023, Westerlo, NY is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Westerlo, NY is black, making up 1.3% of the population. Foreign-born residents account for 2.7% of the population in Westerlo, NY, and this percentage has increased by 145.5% 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 | 95.6% | -3.9% |
% Black | 1.3% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 0.7% | 40.0% |
% Foreign Born | 2.7% | 145.5% |
Mortgage and Risk — Westerlo, NY
According to HUD data as of 2023, there were 56 mortgage originations in Westerlo, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Westerlo, 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 | 56 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Westerlo, NY
Westerlo, 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 | $1,050 |
| 2 Bedroom | -$240 | $1,500 | $1,260 |
| 3 Bedroom | N/A | N/A | $1,570 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Westerlo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $319,000 |
| Median Household Income | $76,400 |