Olmstedville, NY—12857
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Olmstedville, NY
Olmstedville, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | -3.2% |
| Single Family | $234,000 | -3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $279,000 | -4.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Olmstedville, NY
Olmstedville, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Olmstedville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Olmstedville, NY is 86. This is a increase of 22.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -10.0% |
Listing Count | 8 | 75.0% |
| Listings as % of Homes | 0.5% | 75.0% |
Days on Market | 86 | 22.0% |
Demographics — Olmstedville, NY
As of the latest ACS Survey released in 2023, Olmstedville, NY has a population of 613, which has decreased by -2.5% over the past 5 years. Olmstedville, NY is a less popular place for families, as children make up 6.9% of the population. The area has a moderately educated workforce, with 30.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 613 | -2.5% |
% Under 18 | 6.9% | -71.8% |
% Seniors | 37.8% | 44.8% |
% WFH | 10.0% | -29.6% |
% w/ College Degree | 30.7% | 15.4% |
As of the latest ACS Survey released in 2023, Olmstedville, NY is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Olmstedville, NY is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.8% of the population in Olmstedville, NY, and this percentage has decreased by 78.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.3% | -4.7% |
% Black | 0.0% | N/A |
% Hispanic | 1.8% | ∞% |
% Asian | 0.5% | ∞% |
% Foreign Born | 0.8% | -78.9% |
Mortgage and Risk — Olmstedville, NY
According to HUD data as of 2023, there were 20 mortgage originations in Olmstedville, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Olmstedville, NY. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 35.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Olmstedville, NY
Olmstedville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,500 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Olmstedville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $234,000 |
| Median Household Income | $63,900 |