Paul Smiths, NY—12970
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Paul Smiths, NY
As of Oct '25, the median home price in Paul Smiths, NY is $307,000, with a year-over-year change of -0.1%. This indicates that home prices in Paul Smiths, NY are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $307,000 | -0.1% |
| Single Family | $307,000 | -1.0% |
| 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 | $275,000 | -1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Paul Smiths, NY
Paul Smiths, 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 — Paul Smiths, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Paul Smiths, NY is 133. This is a increase of 101.0% 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 | $420,000 | -18.0% |
Listing Count | 6 | 91.0% |
| Listings as % of Homes | 0.5% | 91.0% |
Days on Market | 133 | 101.0% |
Demographics — Paul Smiths, NY
As of the latest ACS Survey released in 2023, Paul Smiths, NY has a population of 1,020, which has increased by 3.9% over the past 5 years. Paul Smiths, NY is a less popular place for families, as children make up 10.2% of the population. The area has a highly educated workforce, with 54.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,020 | 3.9% |
% Under 18 | 10.2% | 78.9% |
% Seniors | 14.0% | 84.2% |
% WFH | 9.4% | -49.7% |
% w/ College Degree | 54.2% | 1.9% |
As of the latest ACS Survey released in 2023, Paul Smiths, NY is a predominantly white area, with 80.2% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Paul Smiths, NY is hispanic, making up 9.0% of the population. Foreign-born residents account for 4.1% of the population in Paul Smiths, NY, and this percentage has increased by 192.9% 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 | 80.2% | -9.5% |
% Black | 2.7% | -50.0% |
% Hispanic | 9.0% | 542.9% |
% Asian | 5.6% | 180.0% |
% Foreign Born | 4.1% | 192.9% |
Mortgage and Risk — Paul Smiths, NY
Paul Smiths, 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 — Paul Smiths, NY
Paul Smiths, 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 | $800 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,210 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Paul Smiths, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $307,000 |
| Median Household Income | $81,200 |