Ilion, NY—13357
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ilion, NY
As of Oct '25, the median home price in Ilion, NY is $151,000, with a year-over-year change of 5.0%. This indicates that home prices in Ilion, NY are increasing. According to Zillow, the 1-year price projection is 3.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | 5.0% |
| Single Family | $151,000 | 5.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | 5.3% |
3 Bed | $154,000 | 6.2% |
4 Bed | $154,000 | 4.8% |
| 5 Bed | $183,000 | 4.0% |
% of Housing Stock
Rental Trends — Ilion, NY
As of July '25, Rentcast reports the average rent in Ilion, NY is $1,150, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Ilion, NY is 1-bedrooms: $850, 2-bedrooms: $1,200, 3-bedrooms: $1,350. The most common rental property sizes in Ilion, NY are 1-bedroom and 3-bedroom, accounting for 37.2% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,180 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 2 Bed Rent | $1,180 | $1,200 |
| 3 Bed Rent | $1,350 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ilion, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ilion, NY is 84. This is a increase of 51.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $146,000 | 1.0% |
Listing Count | 46 | 27.0% |
| Listings as % of Homes | 0.7% | 27.0% |
Days on Market | 84 | 51.0% |
Demographics — Ilion, NY
As of the latest ACS Survey released in 2023, Ilion, NY has a population of 10,100, which has decreased by -7.2% over the past 5 years. Ilion, NY is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 21.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,100 | -7.2% |
% Under 18 | 22.7% | -4.6% |
% Seniors | 23.6% | 26.2% |
% WFH | 5.5% | 61.8% |
% w/ College Degree | 21.7% | -4.0% |
As of the latest ACS Survey released in 2023, Ilion, NY is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Ilion, NY is hispanic, making up 4.3% of the population. Foreign-born residents account for 1.2% of the population in Ilion, NY, and this percentage has increased by 33.3% 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 | 89.6% | -2.7% |
% Black | 0.6% | -76.0% |
% Hispanic | 4.3% | 19.4% |
% Asian | 0.3% | -72.7% |
% Foreign Born | 1.2% | 33.3% |
Mortgage and Risk — Ilion, NY
According to HUD data as of 2023, there were 120 mortgage originations in Ilion, NY, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Ilion, NY. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 120 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Ilion, NY
Ilion, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 478 |
Total Units Section 8 | 472 |
% Rentals under Section 8 | 34.1% |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $850 | $830 |
| 2 Bedroom | -$140 | $1,180 | $1,040 |
| 3 Bedroom | -$100 | $1,350 | $1,250 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Ilion, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $151,000 |
| Median Household Income | $62,500 |