Cato, NY—13033
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cato, NY
As of Oct '25, the median home price in Cato, NY is $216,000, with a year-over-year change of -1.6%. This indicates that home prices in Cato, NY are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | -1.6% |
| Single Family | $216,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $181,000 | -3.7% |
3 Bed | $219,000 | -1.8% |
4 Bed | $249,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cato, NY
Cato, 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 — Cato, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Cato, NY is 41. This is a decrease of -33.0% 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 | $192,000 | -24.0% |
Listing Count | 9 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 41 | -33.0% |
Demographics — Cato, NY
As of the latest ACS Survey released in 2023, Cato, NY has a population of 3,660, which has decreased by -3.7% over the past 5 years. Cato, NY is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 18.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,660 | -3.7% |
% Under 18 | 24.3% | 2.1% |
% Seniors | 14.8% | 0.7% |
% WFH | 8.0% | 105.1% |
% w/ College Degree | 18.5% | -21.6% |
As of the latest ACS Survey released in 2023, Cato, NY is a predominantly white area, with 93.8% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Cato, NY is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.6% of the population in Cato, NY, and this percentage has increased by 1200.0% 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 | 93.8% | -2.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 2.3% | 360.0% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 2.6% | 1,200.0% |
Mortgage and Risk — Cato, NY
According to HUD data as of 2023, there were 91 mortgage originations in Cato, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Cato, NY. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 91 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Cato, NY
Cato, 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 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Cato, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $216,000 |
| Median Household Income | $80,200 |