Phoenicia, NY—12464
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Phoenicia, NY
As of Oct '25, the median home price in Phoenicia, NY is $391,000, with a year-over-year change of -3.4%. This indicates that home prices in Phoenicia, NY are decreasing. According to Zillow, the 1-year price projection is 4.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $391,000 | -3.4% |
| Single Family | $391,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $352,000 | -3.3% |
3 Bed | $443,000 | -1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Phoenicia, NY
As of July '25, Rentcast reports the average rent in Phoenicia, NY is $3,000, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Phoenicia, NY is 4-bedrooms: $3,000. The most common rental property sizes in Phoenicia, NY are 1-bedroom and 2-bedroom, accounting for 58.3% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Phoenicia, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Phoenicia, NY is 104. This is a increase of 68.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $774,000 | -2.0% |
Listing Count | 9 | 19.0% |
| Listings as % of Homes | 0.9% | 19.0% |
Days on Market | 104 | 68.0% |
Demographics — Phoenicia, NY
As of the latest ACS Survey released in 2023, Phoenicia, NY has a population of 1,070, which has increased by 64.0% over the past 5 years. Phoenicia, NY is a less popular place for families, as children make up 6.6% of the population. The area has a highly educated workforce, with 46.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,070 | 64.0% |
% Under 18 | 6.6% | 288.2% |
% Seniors | 27.4% | -32.2% |
% WFH | 22.1% | 13.9% |
% w/ College Degree | 46.4% | 1.1% |
As of the latest ACS Survey released in 2023, Phoenicia, NY is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 24.9% in the last 5 years. The second most common race or ethnicity in Phoenicia, NY is hispanic, making up 13.5% of the population. Foreign-born residents account for 5.1% of the population in Phoenicia, NY, and this percentage has decreased by 5.6% 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 | 74.6% | -24.9% |
% Black | 2.0% | ∞% |
% Hispanic | 13.5% | 2,150.0% |
% Asian | 4.1% | ∞% |
% Foreign Born | 5.1% | -5.6% |
Mortgage and Risk — Phoenicia, NY
According to HUD data as of 2023, there were 38 mortgage originations in Phoenicia, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Phoenicia, NY. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 16.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Phoenicia, NY
Phoenicia, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,420 |
| 2 Bedroom | N/A | N/A | $1,860 |
| 3 Bedroom | N/A | N/A | $2,360 |
| 4 Bedroom | -$450 | $3,000 | $2,550 |
Affordability — Phoenicia, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $391,000 |
| Median Household Income | $75,300 |