Ellenville, NY—12428
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ellenville, NY
As of Oct '25, the median home price in Ellenville, NY is $291,000, with a year-over-year change of 4.3%. This indicates that home prices in Ellenville, NY are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $291,000 | 4.3% |
| Single Family | $291,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $223,000 | 2.8% |
3 Bed | $287,000 | 3.2% |
4 Bed | $351,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ellenville, NY
As of July '25, Rentcast reports the average rent in Ellenville, NY is $1,690, with a year-over-year rent change of -11.1%. Per bedroom, the median rent as of July '25 in Ellenville, NY is 1-bedrooms: $1,290, 2-bedrooms: $1,690, 3-bedrooms: $2,230, 4-bedrooms: $1,900. The most common rental property sizes in Ellenville, NY are 1-bedroom and 2-bedroom, accounting for 46.5% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,290 |
| 2 Bed Rent | $1,700 | $1,690 |
| 3 Bed Rent | $2,200 | $2,230 |
| 4 Bed Rent | $1,900 | $1,900 |
% of Rental Stock
Property Listings — Ellenville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ellenville, NY is 78. This is a increase of 35.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | -7.0% |
Listing Count | 30 | -2.0% |
| Listings as % of Homes | 0.7% | -2.0% |
Days on Market | 78 | 35.0% |
Demographics — Ellenville, NY
As of the latest ACS Survey released in 2023, Ellenville, NY has a population of 6,970, which has remained stable by -0.7% over the past 5 years. Ellenville, NY is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,970 | -0.7% |
% Under 18 | 19.9% | -16.0% |
% Seniors | 23.1% | 52.0% |
% WFH | 9.9% | 160.5% |
% w/ College Degree | 25.5% | 38.6% |
As of the latest ACS Survey released in 2023, Ellenville, NY is a predominantly white area, with 63.4% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Ellenville, NY is hispanic, making up 28.3% of the population. Foreign-born residents account for 9.0% of the population in Ellenville, NY, and this percentage has decreased by 5.3% 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 | 63.4% | 1.9% |
% Black | 4.1% | -29.3% |
% Hispanic | 28.3% | 26.3% |
% Asian | 0.7% | -82.9% |
% Foreign Born | 9.0% | -5.3% |
Mortgage and Risk — Ellenville, NY
According to HUD data as of 2023, there were 84 mortgage originations in Ellenville, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Ellenville, NY. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 84 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Ellenville, NY
As of 2024, the percent of homes in Ellenville, NY under the Section 8 program is 41.2%. This is considered high, suggesting that the neighborhood is heavily 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 Ellenville, 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 | 448 |
Total Units Section 8 | 384 |
% Rentals under Section 8 | 41.2% |
% Occupied Section 8 | 87.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,300 | $1,180 |
| 2 Bedroom | -$160 | $1,700 | $1,540 |
| 3 Bedroom | -$220 | $2,200 | $1,980 |
| 4 Bedroom | $320 | $1,900 | $2,220 |
Affordability — Ellenville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $291,000 |
| Median Household Income | $78,800 |