Shokan, NY—12481
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Shokan, NY
As of Oct '25, the median home price in Shokan, NY is $458,000, with a year-over-year change of -1.5%. This indicates that home prices in Shokan, NY are decreasing. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $458,000 | -1.5% |
| Single Family | $458,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $356,000 | -1.9% |
3 Bed | $466,000 | -1.9% |
4 Bed | $548,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Shokan, NY
As of July '25, Rentcast reports the average rent in Shokan, NY is $4,020, with a year-over-year rent change of -23.7%. Per bedroom, the median rent as of July '25 in Shokan, NY is 3-bedrooms: $2,400, 4-bedrooms: $4,820. The most common rental property sizes in Shokan, NY are 3-bedroom and 1-bedroom, accounting for 85.7% and 14.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,750 | $4,020 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,400 | $2,400 |
| 4 Bed Rent | $3,750 | $4,820 |
% of Rental Stock
Property Listings — Shokan, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Shokan, NY is 73. This is a decrease of -21.0% 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 53.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | -19.0% |
Listing Count | 15 | 27.0% |
| Listings as % of Homes | 1.8% | 27.0% |
Days on Market | 73 | -21.0% |
Demographics — Shokan, NY
As of the latest ACS Survey released in 2023, Shokan, NY has a population of 1,360, which has decreased by -2.8% over the past 5 years. Shokan, NY is a less popular place for families, as children make up 5.2% of the population. The area has a moderately educated workforce, with 27.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,360 | -2.8% |
% Under 18 | 5.2% | -59.1% |
% Seniors | 34.6% | 76.5% |
% WFH | 15.6% | 56.0% |
% w/ College Degree | 27.1% | -33.4% |
As of the latest ACS Survey released in 2023, Shokan, NY is a predominantly white area, with 92.9% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Shokan, NY is asian, making up 2.6% of the population. Foreign-born residents account for 6.5% of the population in Shokan, NY, and this percentage has decreased by 28.6% 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 | 92.9% | 0.2% |
% Black | 0.0% | N/A |
% Hispanic | 1.7% | -10.5% |
% Asian | 2.6% | 73.3% |
% Foreign Born | 6.5% | -28.6% |
Mortgage and Risk — Shokan, NY
Shokan, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Shokan, NY
Shokan, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 19.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,370 |
| 2 Bedroom | N/A | N/A | $1,800 |
| 3 Bedroom | -$120 | $2,400 | $2,280 |
| 4 Bedroom | -$1,280 | $3,750 | $2,470 |
Affordability — Shokan, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $458,000 |
| Median Household Income | $93,600 |