Groton, NY—13073
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Groton, NY
As of Oct '25, the median home price in Groton, NY is $239,000, with a year-over-year change of 2.2%. This indicates that home prices in Groton, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $239,000 | 2.2% |
| Single Family | $239,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $200,000 | 1.5% |
3 Bed | $242,000 | 1.7% |
4 Bed | $261,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Groton, NY
Groton, 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 — Groton, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Groton, NY is 60. This is a decrease of -26.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $335,000 | 24.0% |
Listing Count | 25 | 67.0% |
| Listings as % of Homes | 0.4% | 67.0% |
Days on Market | 60 | -26.0% |
Demographics — Groton, NY
As of the latest ACS Survey released in 2023, Groton, NY has a population of 6,250, which has decreased by -3.5% over the past 5 years. Groton, NY is a moderately popular place for families, as children make up 23.4% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,250 | -3.5% |
% Under 18 | 23.4% | 18.2% |
% Seniors | 20.4% | 25.2% |
% WFH | 9.8% | 145.0% |
% w/ College Degree | 29.4% | 6.9% |
As of the latest ACS Survey released in 2023, Groton, NY is a predominantly white area, with 87.6% 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 Groton, NY is hispanic, making up 2.6% of the population. Foreign-born residents account for 4.3% of the population in Groton, NY, and this percentage has increased by 43.3% 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 | 87.6% | -4.7% |
% Black | 1.6% | 45.5% |
% Hispanic | 2.6% | -7.1% |
% Asian | 0.4% | -81.8% |
% Foreign Born | 4.3% | 43.3% |
Mortgage and Risk — Groton, NY
According to HUD data as of 2023, there were 65 mortgage originations in Groton, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Groton, NY. Investor activity is low, as 8.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Groton, NY
Groton, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 80 |
Total Units Section 8 | 80 |
% Rentals under Section 8 | 11.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,500 |
| 3 Bedroom | N/A | N/A | $1,860 |
| 4 Bedroom | N/A | N/A | $2,020 |
Affordability — Groton, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $239,000 |
| Median Household Income | $71,300 |