Lee Center, NY13363

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$246,000
2.0% YoY Growth
Median Household Income
$88,400
21.6% 5-Year Growth
Days on Market
47
8.0% Longer than last year
Home Price Forecast
3.0%
Median Rent
$2,100
40.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,100
N/A

Property Listings — Lee Center, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Lee Center, NY is 47. This is a increase of 8.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$388,00075.0%
Listing Count
8150.0%
Listings as % of Homes0.5%150.0%
Days on Market
478.0%
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Demographics — Lee Center, NY

As of the latest ACS Survey released in 2023, Lee Center, NY has a population of 2,290, which has remained stable by 0.5% over the past 5 years. Lee Center, NY is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,2900.5%
% Under 18
24.0%31.1%
% Seniors
17.4%-3.3%
% WFH
9.1%203.3%
% w/ College Degree
23.7%18.5%
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As of the latest ACS Survey released in 2023, Lee Center, NY is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Lee Center, NY is hispanic, making up 3.6% of the population. Foreign-born residents account for 1.6% of the population in Lee Center, NY, and this percentage has increased by 128.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.2%-3.4%
% Black
0.7%40.0%
% Hispanic
3.6%80.0%
% Asian
0.0%N/A
% Foreign Born
1.6%128.6%
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Mortgage and Risk — Lee Center, NY

According to HUD data as of 2023, there were 50 mortgage originations in Lee Center, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Lee Center, NY. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
50
% Conventional Loans
88.0%
% Government Loans
12.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — Lee Center, NY

Lee Center, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
4.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,250
2 BedroomN/AN/A$1,560
3 Bedroom-$220$2,100$1,880
4 BedroomN/AN/A$2,220

Affordability — Lee Center, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$246,000
Median Household Income$88,400

Lee Center, NY — ZIP Code Boundary Map

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Frequently Asked Questions