Central Square, NY—13036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Central Square, NY
As of Oct '25, the median home price in Central Square, NY is $246,000, with a year-over-year change of 0.2%. This indicates that home prices in Central Square, NY are flat. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 0.2% |
| Single Family | $247,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $201,000 | 2.0% |
3 Bed | $245,000 | -0.4% |
4 Bed | $298,000 | 0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Central Square, NY
As of July '25, Rentcast reports the average rent in Central Square, NY is $1,780, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Central Square, NY is 3-bedrooms: $1,720, 4-bedrooms: $2,100. The most common rental property sizes in Central Square, NY are 2-bedroom and 3-bedroom, accounting for 41.1% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,500 | $1,720 |
| 4 Bed Rent | $2,100 | $2,100 |
% of Rental Stock
Property Listings — Central Square, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Central Square, NY is 23. This is a increase of 48.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $322,000 | -10.0% |
Listing Count | 33 | 67.0% |
| Listings as % of Homes | 0.4% | 67.0% |
Days on Market | 23 | 48.0% |
Demographics — Central Square, NY
As of the latest ACS Survey released in 2023, Central Square, NY has a population of 9,080, which has increased by 3.2% over the past 5 years. Central Square, NY is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,080 | 3.2% |
% Under 18 | 20.0% | -3.4% |
% Seniors | 17.8% | 10.6% |
% WFH | 5.3% | 76.7% |
% w/ College Degree | 22.0% | 26.4% |
As of the latest ACS Survey released in 2023, Central Square, NY is a predominantly white area, with 96.7% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Central Square, NY is hispanic, making up 0.8% of the population. Foreign-born residents account for 1.5% of the population in Central Square, NY, and this percentage has increased by 15.4% 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 | 96.7% | -0.4% |
% Black | 0.1% | -90.0% |
% Hispanic | 0.8% | -11.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.5% | 15.4% |
Mortgage and Risk — Central Square, NY
According to HUD data as of 2023, there were 185 mortgage originations in Central Square, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Central Square, NY. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 185 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Central Square, NY
Central Square, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 111 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 14.7% |
% Occupied Section 8 | 95.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | N/A | N/A | $1,300 |
| 3 Bedroom | $90 | $1,500 | $1,590 |
| 4 Bedroom | -$310 | $2,100 | $1,790 |
Affordability — Central Square, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $246,000 |
| Median Household Income | $87,600 |