Locke, NY—13092
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Locke, NY
As of Oct '25, the median home price in Locke, NY is $232,000, with a year-over-year change of -0.0%. This indicates that home prices in Locke, NY are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $232,000 | -0.0% |
| Single Family | $233,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $197,000 | -3.4% |
3 Bed | $232,000 | -0.4% |
4 Bed | $278,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Locke, NY
Locke, 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 — Locke, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Locke, NY is 19. This is a increase of 35.0% 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 | $331,000 | 7.0% |
Listing Count | 9 | -16.0% |
| Listings as % of Homes | 0.3% | -16.0% |
Days on Market | 19 | 35.0% |
Demographics — Locke, NY
As of the latest ACS Survey released in 2023, Locke, NY has a population of 2,710, which has increased by 9.2% over the past 5 years. Locke, NY is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,710 | 9.2% |
% Under 18 | 29.5% | 41.8% |
% Seniors | 13.6% | -1.4% |
% WFH | 6.9% | 97.1% |
% w/ College Degree | 18.8% | 2.2% |
As of the latest ACS Survey released in 2023, Locke, NY is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Locke, NY is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.6% of the population in Locke, NY, and this percentage has decreased by 11.1% 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 | 83.0% | -12.3% |
% Black | 1.4% | 1,300.0% |
% Hispanic | 2.5% | -50.0% |
% Asian | 2.1% | ∞% |
% Foreign Born | 1.6% | -11.1% |
Mortgage and Risk — Locke, NY
According to HUD data as of 2023, there were 65 mortgage originations in Locke, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Locke, NY. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 2.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Locke, NY
Locke, 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 | 1.1% |
% Occupied Section 8 | N/A |
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 | $2,010 |
Affordability — Locke, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $232,000 |
| Median Household Income | $64,500 |