Silver Bay, NY—12874
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Silver Bay, NY
As of Oct '25, the median home price in Silver Bay, NY is $1,000,000, with a year-over-year change of 3.9%. This indicates that home prices in Silver Bay, NY are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,000,000 | 3.9% |
| Single Family | $1,005,000 | 4.4% |
| 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 | $931,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Silver Bay, NY
Silver Bay, 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 — Silver Bay, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Silver Bay, NY is 48. This is a decrease of -63.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $3,800,000 | 383.0% |
Listing Count | 2 | -50.0% |
| Listings as % of Homes | N/A | -50.0% |
Days on Market | 48 | -63.0% |
Demographics — Silver Bay, NY
As of the latest ACS Survey released in 2023, Silver Bay, NY has a population of 154, which has remained stable by 0.7% over the past 5 years. Silver Bay, NY is a less popular place for families, as children make up 6.5% of the population. The area has a highly educated workforce, with 77.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 154 | 0.7% |
% Under 18 | 6.5% | 400.0% |
% Seniors | 34.4% | -47.9% |
% WFH | 10.5% | 138.6% |
% w/ College Degree | 77.4% | 10.3% |
As of the latest ACS Survey released in 2023, Silver Bay, NY is a predominantly white area, with 97.4% 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 Silver Bay, NY is black, making up 0.0% of the population. Foreign-born residents account for 1.3% of the population in Silver Bay, NY, and this percentage has increased by Inf% 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 | 97.4% | -1.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 1.3% | ∞% |
Mortgage and Risk — Silver Bay, NY
Silver Bay, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Silver Bay, NY
Silver Bay, 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 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,170 |
| 2 Bedroom | N/A | N/A | $1,470 |
| 3 Bedroom | N/A | N/A | $1,900 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Silver Bay, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $1,000,000 |
| Median Household Income | N/A |