Hannibal, NY—13074
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hannibal, NY
As of Oct '25, the median home price in Hannibal, NY is $186,000, with a year-over-year change of 0.3%. This indicates that home prices in Hannibal, NY are flat. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 0.3% |
| Single Family | $186,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $154,000 | 1.3% |
3 Bed | $190,000 | -0.5% |
4 Bed | $215,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hannibal, NY
As of July '25, Rentcast reports the average rent in Hannibal, NY is $1,190, with a year-over-year rent change of -21.7%. Per bedroom, the median rent as of July '25 in Hannibal, NY is 2-bedrooms: $1,060, 3-bedrooms: $1,800. The most common rental property sizes in Hannibal, NY are 3-bedroom and 2-bedroom, accounting for 49.9% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,100 | $1,060 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hannibal, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Hannibal, NY is 155. This is a increase of 126.0% 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 | $187,000 | -9.0% |
Listing Count | 8 | 50.0% |
| Listings as % of Homes | 0.5% | 50.0% |
Days on Market | 155 | 126.0% |
Demographics — Hannibal, NY
As of the latest ACS Survey released in 2023, Hannibal, NY has a population of 4,470, which has increased by 9.6% over the past 5 years. Hannibal, NY is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 10.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,470 | 9.6% |
% Under 18 | 20.6% | -7.2% |
% Seniors | 15.8% | 0.6% |
% WFH | 3.1% | -31.1% |
% w/ College Degree | 10.8% | -14.3% |
As of the latest ACS Survey released in 2023, Hannibal, NY is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Hannibal, NY is hispanic, making up 2.0% of the population. Foreign-born residents account for 0.7% of the population in Hannibal, NY, and this percentage has decreased by 30.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.9% | -7.2% |
% Black | 0.1% | -66.7% |
% Hispanic | 2.0% | 100.0% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 0.7% | -30.0% |
Mortgage and Risk — Hannibal, NY
According to HUD data as of 2023, there were 53 mortgage originations in Hannibal, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Hannibal, NY. Investor activity is low, as 2.0% of loans were by investors. 28.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 28.0% |
Loan Activity
Rentals and Section 8 — Hannibal, NY
Hannibal, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | $120 | $1,100 | $1,220 |
| 3 Bedroom | -$310 | $1,800 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,680 |
Affordability — Hannibal, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $186,000 |
| Median Household Income | $73,700 |