Beacon, NY12508

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$533,000
3.7% YoY Growth
Median Household Income
$88,500
15.5% 5-Year Growth
Days on Market
68
23.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$2,700
3.1% YoY Growth
1-Bed Rent
$2,800
20.4% YoY Growth
2-Bed Rent
$2,300
25.2% YoY Growth
3-Bed Rent
$3,300
4.4% YoY Growth

Property Listings — Beacon, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Beacon, NY is 68. This is a increase of 23.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$725,0009.0%
Listing Count
8667.0%
Listings as % of Homes0.5%67.0%
Days on Market
6823.0%
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Demographics — Beacon, NY

As of the latest ACS Survey released in 2023, Beacon, NY has a population of 19,500, which has decreased by -1.2% over the past 5 years. Beacon, NY is a moderately popular place for families, as children make up 18.1% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
19,500-1.2%
% Under 18
18.1%-2.2%
% Seniors
14.6%0.0%
% WFH
18.2%156.3%
% w/ College Degree
41.5%24.6%
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As of the latest ACS Survey released in 2023, Beacon, NY is a predominantly white area, with 64.2% of the population identifying as white. The white population has grown by 9.6% in the last 5 years. The second most common race or ethnicity in Beacon, NY is hispanic, making up 18.6% of the population. Foreign-born residents account for 9.8% of the population in Beacon, NY, and this percentage has decreased by 14.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
64.2%9.6%
% Black
13.5%-21.5%
% Hispanic
18.6%-5.6%
% Asian
1.6%-23.8%
% Foreign Born
9.8%-14.0%
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Mortgage and Risk — Beacon, NY

According to HUD data as of 2023, there were 249 mortgage originations in Beacon, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Beacon, NY. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
249
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Beacon, NY

As of 2024, the percent of homes in Beacon, NY under the Section 8 program is 27.4%. 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. In Beacon, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
950
Total Units Section 8
950
% Rentals under Section 8
27.4%
% Occupied Section 8
76.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$1,170$2,800$1,630
2 Bedroom-$220$2,300$2,080
3 Bedroom-$650$3,300$2,650
4 Bedroom-$1,030$3,900$2,870

Affordability — Beacon, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.1
Median Home Price$533,000
Median Household Income$88,500

Beacon, NY — ZIP Code Boundary Map

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Frequently Asked Questions