Greenwich, NY12834

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$294,000
0.2% YoY Growth
Median Household Income
$82,900
10.5% 5-Year Growth
Days on Market
69
2.0% Shorter than last year
Home Price Forecast
1.8%
Median Rent
$1,200
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
N/A
3-Bed Rent
$1,750
N/A

Property Listings — Greenwich, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Greenwich, NY is 69. This is a decrease of -2.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$343,000-9.0%
Listing Count
299.0%
Listings as % of Homes0.7%9.0%
Days on Market
69-2.0%
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Demographics — Greenwich, NY

As of the latest ACS Survey released in 2023, Greenwich, NY has a population of 6,140, which has decreased by -2.4% over the past 5 years. Greenwich, NY is a moderately popular place for families, as children make up 16.9% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
6,140-2.4%
% Under 18
16.9%-8.2%
% Seniors
25.6%26.7%
% WFH
10.5%114.3%
% w/ College Degree
29.3%-9.8%
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As of the latest ACS Survey released in 2023, Greenwich, NY is a predominantly white area, with 94.8% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Greenwich, NY is hispanic, making up 2.5% of the population. Foreign-born residents account for 3.7% of the population in Greenwich, NY, and this percentage has increased by 146.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.8%-2.3%
% Black
0.2%0.0%
% Hispanic
2.5%56.2%
% Asian
1.1%450.0%
% Foreign Born
3.7%146.7%
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Mortgage and Risk — Greenwich, NY

According to HUD data as of 2023, there were 122 mortgage originations in Greenwich, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Greenwich, NY. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
122
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Greenwich, NY

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

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
2.0%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,160
2 Bedroom$250$1,200$1,450
3 Bedroom$130$1,750$1,880
4 BedroomN/AN/A$1,920

Affordability — Greenwich, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.2
Median Home Price$294,000
Median Household Income$82,900

Greenwich, NY — ZIP Code Boundary Map

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Frequently Asked Questions