Nedrow, NY—13120
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nedrow, NY
As of Oct '25, the median home price in Nedrow, NY is $174,000, with a year-over-year change of 6.2%. This indicates that home prices in Nedrow, NY are increasing. 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 | $174,000 | 6.2% |
| Single Family | $174,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $140,000 | 6.9% |
3 Bed | $181,000 | 6.5% |
4 Bed | $212,000 | 8.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nedrow, NY
Nedrow, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nedrow, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Nedrow, NY is 59. This is a increase of 49.0% 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 | 137.0% |
Listing Count | 4 | 6.0% |
| Listings as % of Homes | 0.6% | 6.0% |
Days on Market | 59 | 49.0% |
Demographics — Nedrow, NY
As of the latest ACS Survey released in 2023, Nedrow, NY has a population of 1,880, which has decreased by -16.4% over the past 5 years. Nedrow, NY is a moderately popular place for families, as children make up 17.5% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,880 | -16.4% |
% Under 18 | 17.5% | 0.0% |
% Seniors | 20.1% | 67.5% |
% WFH | 6.2% | 376.9% |
% w/ College Degree | 14.6% | -7.6% |
As of the latest ACS Survey released in 2023, Nedrow, NY is a predominantly white area, with 68.6% of the population identifying as white. The white population has grown by 7.2% in the last 5 years. The second most common race or ethnicity in Nedrow, NY is black, making up 3.7% of the population. Foreign-born residents account for 4.7% of the population in Nedrow, NY, and this percentage has decreased by 66.4% 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 | 68.6% | 7.2% |
% Black | 3.7% | -80.7% |
% Hispanic | 1.3% | -53.6% |
% Asian | 3.0% | 20.0% |
% Foreign Born | 4.7% | -66.4% |
Mortgage and Risk — Nedrow, NY
According to HUD data as of 2023, there were 41 mortgage originations in Nedrow, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Nedrow, 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 | 41 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Nedrow, NY
Nedrow, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 7.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,140 |
| 2 Bedroom | N/A | N/A | $1,410 |
| 3 Bedroom | -$270 | $2,000 | $1,730 |
| 4 Bedroom | N/A | N/A | $1,950 |
Affordability — Nedrow, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $174,000 |
| Median Household Income | $54,200 |