Skaneateles, NY13152

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$643,000
8.8% YoY Growth
Median Household Income
$103,000
10.8% 5-Year Growth
Days on Market
54
14.0% Longer than last year
Home Price Forecast
3.9%
Median Rent
$3,000
20.7% YoY Growth
1-Bed Rent
$1,800
10.3% YoY Growth
2-Bed Rent
$3,200
4.9% YoY Growth
3-Bed Rent
$3,850
31.8% YoY Growth

Property Listings — Skaneateles, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Skaneateles, NY is 54. This is a increase of 14.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,050,00030.0%
Listing Count
6634.0%
Listings as % of Homes0.7%34.0%
Days on Market
5414.0%
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Demographics — Skaneateles, NY

As of the latest ACS Survey released in 2023, Skaneateles, NY has a population of 7,550, which has decreased by -8.0% over the past 5 years. Skaneateles, NY is a moderately popular place for families, as children make up 18.5% of the population. The area has a highly educated workforce, with 55.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,550-8.0%
% Under 18
18.5%-10.6%
% Seniors
29.4%10.1%
% WFH
20.7%213.6%
% w/ College Degree
55.1%-2.7%
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As of the latest ACS Survey released in 2023, Skaneateles, NY is a predominantly white area, with 95.4% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Skaneateles, NY is hispanic, making up 2.8% of the population. Foreign-born residents account for 5.4% of the population in Skaneateles, NY, and this percentage has increased by 58.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.4%-2.0%
% Black
0.3%200.0%
% Hispanic
2.8%250.0%
% Asian
0.6%0.0%
% Foreign Born
5.4%58.8%
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Mortgage and Risk — Skaneateles, NY

According to HUD data as of 2023, there were 158 mortgage originations in Skaneateles, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Skaneateles, NY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
158
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
1.0%
% Second Loans
10.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Skaneateles, NY

As of 2024, the percent of homes in Skaneateles, NY under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Skaneateles, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
0.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$440$1,800$1,360
2 Bedroom-$1,530$3,200$1,670
3 Bedroom-$1,800$3,850$2,050
4 Bedroom-$690$3,000$2,310

Affordability — Skaneateles, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.8
Median Home Price$643,000
Median Household Income$103,000

Skaneateles, NY — ZIP Code Boundary Map

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Frequently Asked Questions