Millerton, NY12546

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$448,000
2.6% YoY Growth
Median Household Income
$88,600
51.5% 5-Year Growth
Days on Market
106
21.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$2,950
7.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,500
0.4% YoY Growth
3-Bed Rent
$2,950
20.5% YoY Growth

Property Listings — Millerton, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Millerton, NY is 106. 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$469,000-24.0%
Listing Count
2932.0%
Listings as % of Homes2.1%32.0%
Days on Market
106-21.0%
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Demographics — Millerton, NY

As of the latest ACS Survey released in 2023, Millerton, NY has a population of 2,710, which has decreased by -3.7% over the past 5 years. Millerton, NY is a moderately popular place for families, as children make up 15.5% of the population. The area has a moderately educated workforce, with 35.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,710-3.7%
% Under 18
15.5%-19.3%
% Seniors
24.1%33.9%
% WFH
12.6%82.6%
% w/ College Degree
35.3%19.7%
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As of the latest ACS Survey released in 2023, Millerton, NY is a predominantly white area, with 70.1% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Millerton, NY is hispanic, making up 18.0% of the population. Foreign-born residents account for 16.5% of the population in Millerton, NY, and this percentage has increased by 41.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
70.1%-8.1%
% Black
4.2%-19.2%
% Hispanic
18.0%18.4%
% Asian
2.5%0.0%
% Foreign Born
16.5%41.0%
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Mortgage and Risk — Millerton, NY

According to HUD data as of 2023, there were 38 mortgage originations in Millerton, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Millerton, NY. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
38
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
3.0%
% Second Loans
8.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Millerton, NY

Millerton, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
7
Total Units Section 8
7
% Rentals under Section 8
3.3%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,280
2 Bedroom-$850$2,500$1,650
3 Bedroom-$860$2,950$2,090
4 Bedroom-$1,490$3,800$2,310

Affordability — Millerton, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$448,000
Median Household Income$88,600

Millerton, NY — ZIP Code Boundary Map

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Frequently Asked Questions