Seneca Falls, NY—13148
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Seneca Falls, NY
As of Oct '25, the median home price in Seneca Falls, NY is $199,000, with a year-over-year change of 2.3%. This indicates that home prices in Seneca Falls, NY are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $199,000 | 2.3% |
| Single Family | $201,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | 2.5% |
3 Bed | $198,000 | 2.6% |
4 Bed | $239,000 | 3.5% |
| 5 Bed | $280,000 | 4.1% |
% of Housing Stock
Rental Trends — Seneca Falls, NY
As of July '25, Rentcast reports the average rent in Seneca Falls, NY is $1,540, with a year-over-year rent change of 45.3%. Per bedroom, the median rent as of July '25 in Seneca Falls, NY is 1-bedrooms: $1,300, 2-bedrooms: $1,400, 3-bedrooms: $2,070. The most common rental property sizes in Seneca Falls, NY are 2-bedroom and 1-bedroom, accounting for 43.0% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,540 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,390 | $1,400 |
| 3 Bed Rent | $1,740 | $2,070 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Seneca Falls, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Seneca Falls, NY is 93. This is a increase of 47.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -14.0% |
Listing Count | 33 | 13.0% |
| Listings as % of Homes | 0.2% | 13.0% |
Days on Market | 93 | 47.0% |
Demographics — Seneca Falls, NY
As of the latest ACS Survey released in 2023, Seneca Falls, NY has a population of 10,800, which has increased by 1.8% over the past 5 years. Seneca Falls, NY is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,800 | 1.8% |
% Under 18 | 17.9% | -13.9% |
% Seniors | 20.4% | 9.7% |
% WFH | 3.9% | -9.3% |
% w/ College Degree | 25.9% | -12.8% |
As of the latest ACS Survey released in 2023, Seneca Falls, NY is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Seneca Falls, NY is hispanic, making up 2.2% of the population. Foreign-born residents account for 3.5% of the population in Seneca Falls, NY, and this percentage has increased by 2.9% 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 | 90.3% | -1.5% |
% Black | 2.1% | 0.0% |
% Hispanic | 2.2% | -18.5% |
% Asian | 1.7% | 6.2% |
% Foreign Born | 3.5% | 2.9% |
Mortgage and Risk — Seneca Falls, NY
According to HUD data as of 2023, there were 131 mortgage originations in Seneca Falls, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Seneca Falls, NY. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 131 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Seneca Falls, NY
Seneca Falls, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 248 |
Total Units Section 8 | 248 |
% Rentals under Section 8 | 16.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$350 | $1,300 | $950 |
| 2 Bedroom | -$210 | $1,390 | $1,180 |
| 3 Bedroom | -$310 | $1,740 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Seneca Falls, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $199,000 |
| Median Household Income | $59,000 |