Middle Grove, NY—12850
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Middle Grove, NY
As of Oct '25, the median home price in Middle Grove, NY is $341,000, with a year-over-year change of 1.7%. This indicates that home prices in Middle Grove, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $341,000 | 1.7% |
| Single Family | $342,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $259,000 | 1.6% |
3 Bed | $373,000 | 1.9% |
4 Bed | $487,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Middle Grove, NY
As of July '25, Rentcast reports the average rent in Middle Grove, NY is $1,460, with a year-over-year rent change of 12.3%. Per bedroom, the median rent as of July '25 in Middle Grove, NY is 2-bedrooms: $1,500, 3-bedrooms: $1,400. The most common rental property sizes in Middle Grove, NY are 2-bedroom and 3-bedroom, accounting for 68.3% and 20.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,500 |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Middle Grove, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Middle Grove, NY is 58. This is a decrease of -29.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $432,000 | -7.0% |
Listing Count | 11 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 58 | -29.0% |
Demographics — Middle Grove, NY
As of the latest ACS Survey released in 2023, Middle Grove, NY has a population of 2,540, which has decreased by -20.8% over the past 5 years. Middle Grove, NY is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,540 | -20.8% |
% Under 18 | 22.0% | -9.8% |
% Seniors | 21.0% | 38.2% |
% WFH | 3.3% | -50.7% |
% w/ College Degree | 33.6% | -1.8% |
As of the latest ACS Survey released in 2023, Middle Grove, NY is a predominantly white area, with 95.9% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Middle Grove, NY is black, making up 1.5% of the population. Foreign-born residents account for 0.9% of the population in Middle Grove, NY, and this percentage has increased by 28.6% 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 | 95.9% | -1.3% |
% Black | 1.5% | 650.0% |
% Hispanic | 1.1% | 22.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.9% | 28.6% |
Mortgage and Risk — Middle Grove, NY
According to HUD data as of 2023, there were 35 mortgage originations in Middle Grove, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Middle Grove, NY. Investor activity is low, as 3.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Middle Grove, NY
Middle Grove, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | $190 | $1,400 | $1,590 |
| 3 Bedroom | $520 | $1,400 | $1,920 |
| 4 Bedroom | N/A | N/A | $2,110 |
Affordability — Middle Grove, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $341,000 |
| Median Household Income | $94,200 |