Fort Edward, NY—12828
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fort Edward, NY
As of Oct '25, the median home price in Fort Edward, NY is $267,000, with a year-over-year change of 1.2%. This indicates that home prices in Fort Edward, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $267,000 | 1.2% |
| Single Family | $267,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 1.3% |
3 Bed | $284,000 | 1.8% |
4 Bed | $297,000 | 1.7% |
| 5 Bed | $271,000 | 0.7% |
% of Housing Stock
Rental Trends — Fort Edward, NY
As of July '25, Rentcast reports the average rent in Fort Edward, NY is $1,380, with a year-over-year rent change of 10.4%. Per bedroom, the median rent as of July '25 in Fort Edward, NY is 1-bedrooms: $1,160, 2-bedrooms: $1,400, 4-bedrooms: $2,000. The most common rental property sizes in Fort Edward, NY are 2-bedroom and 1-bedroom, accounting for 36.4% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,380 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,140 | $1,160 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Fort Edward, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Fort Edward, NY is 77. This is a increase of 15.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $346,000 | 27.0% |
Listing Count | 31 | -7.0% |
| Listings as % of Homes | 0.5% | -7.0% |
Days on Market | 77 | 15.0% |
Demographics — Fort Edward, NY
As of the latest ACS Survey released in 2023, Fort Edward, NY has a population of 9,780, which has increased by 14.4% over the past 5 years. Fort Edward, NY is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,780 | 14.4% |
% Under 18 | 18.6% | 10.7% |
% Seniors | 19.7% | 0.5% |
% WFH | 7.8% | 358.8% |
% w/ College Degree | 18.8% | 3.9% |
As of the latest ACS Survey released in 2023, Fort Edward, NY is a predominantly white area, with 93.9% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Fort Edward, NY is hispanic, making up 2.2% of the population. Foreign-born residents account for 2.8% of the population in Fort Edward, NY, and this percentage has increased by 366.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.9% | -4.8% |
% Black | 0.5% | 400.0% |
% Hispanic | 2.2% | 340.0% |
% Asian | 0.1% | ∞% |
% Foreign Born | 2.8% | 366.7% |
Mortgage and Risk — Fort Edward, NY
According to HUD data as of 2023, there were 147 mortgage originations in Fort Edward, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Fort Edward, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 147 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fort Edward, NY
Fort Edward, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,140 | $1,100 |
| 2 Bedroom | -$40 | $1,400 | $1,360 |
| 3 Bedroom | N/A | N/A | $1,710 |
| 4 Bedroom | -$200 | $2,000 | $1,800 |
Affordability — Fort Edward, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $267,000 |
| Median Household Income | $77,800 |