Tully, NY—13159
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tully, NY
As of Oct '25, the median home price in Tully, NY is $299,000, with a year-over-year change of 4.8%. This indicates that home prices in Tully, NY are increasing. According to Zillow, the 1-year price projection is 3.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $299,000 | 4.8% |
| Single Family | $300,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $234,000 | 5.4% |
3 Bed | $298,000 | 4.2% |
4 Bed | $370,000 | 5.4% |
| 5 Bed | $391,000 | 7.1% |
% of Housing Stock
Rental Trends — Tully, NY
As of July '25, Rentcast reports the average rent in Tully, NY is $1,370, with a year-over-year rent change of -18.0%. Per bedroom, the median rent as of July '25 in Tully, NY is 1-bedrooms: $1,400, 3-bedrooms: $1,350. The most common rental property sizes in Tully, NY are 2-bedroom and 1-bedroom, accounting for 40.4% and 22.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,350 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Tully, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Tully, NY is 57. 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $492,000 | 22.0% |
Listing Count | 21 | 51.0% |
| Listings as % of Homes | 0.4% | 51.0% |
Days on Market | 57 | 14.0% |
Demographics — Tully, NY
As of the latest ACS Survey released in 2023, Tully, NY has a population of 5,300, which has remained stable by -1.0% over the past 5 years. Tully, NY is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 42.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,300 | -1.0% |
% Under 18 | 22.2% | -1.3% |
% Seniors | 20.0% | 27.4% |
% WFH | 11.8% | 19.2% |
% w/ College Degree | 42.3% | 1.0% |
As of the latest ACS Survey released in 2023, Tully, NY is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Tully, NY is hispanic, making up 3.5% of the population. Foreign-born residents account for 2.0% of the population in Tully, NY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.5% | -4.0% |
% Black | 0.4% | -33.3% |
% Hispanic | 3.5% | 133.3% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 2.0% | 0.0% |
Mortgage and Risk — Tully, NY
According to HUD data as of 2023, there were 52 mortgage originations in Tully, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Tully, NY. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Tully, NY
Tully, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $1,400 | $1,190 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | $440 | $1,350 | $1,790 |
| 4 Bedroom | N/A | N/A | $2,070 |
Affordability — Tully, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $299,000 |
| Median Household Income | $94,800 |