New York Mills, NY—13417
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New York Mills, NY
As of Oct '25, the median home price in New York Mills, NY is $225,000, with a year-over-year change of 6.7%. This indicates that home prices in New York Mills, NY are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $225,000 | 6.7% |
| Single Family | $225,000 | 6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $195,000 | 8.3% |
3 Bed | $224,000 | 6.2% |
4 Bed | $257,000 | 5.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New York Mills, NY
As of July '25, Rentcast reports the average rent in New York Mills, NY is $1,120, with a year-over-year rent change of -30.9%. Per bedroom, the median rent as of July '25 in New York Mills, NY is 1-bedrooms: $1,120. The most common rental property sizes in New York Mills, NY are 1-bedroom and 2-bedroom, accounting for 52.3% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,120 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New York Mills, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in New York Mills, NY is 93. This is a increase of 414.0% 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 | $366,000 | 85.0% |
Listing Count | 7 | 167.0% |
| Listings as % of Homes | 0.2% | 167.0% |
Days on Market | 93 | 414.0% |
Demographics — New York Mills, NY
As of the latest ACS Survey released in 2023, New York Mills, NY has a population of 3,010, which has decreased by -9.2% over the past 5 years. New York Mills, NY is a less popular place for families, as children make up 11.3% of the population. The area has a moderately educated workforce, with 35.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,010 | -9.2% |
% Under 18 | 11.3% | -39.9% |
% Seniors | 37.5% | 47.6% |
% WFH | 10.4% | 141.9% |
% w/ College Degree | 35.9% | 48.3% |
As of the latest ACS Survey released in 2023, New York Mills, NY is a predominantly white area, with 98.5% of the population identifying as white. The white population has grown by 5.5% in the last 5 years. The second most common race or ethnicity in New York Mills, NY is asian, making up 1.0% of the population. Foreign-born residents account for 1.6% of the population in New York Mills, NY, and this percentage has decreased by 59.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.5% | 5.5% |
% Black | 0.1% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 1.0% | -54.5% |
% Foreign Born | 1.6% | -59.0% |
Mortgage and Risk — New York Mills, NY
According to HUD data as of 2023, there were 61 mortgage originations in New York Mills, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in New York Mills, NY. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — New York Mills, NY
New York Mills, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 169 |
Total Units Section 8 | 169 |
% Rentals under Section 8 | 20.5% |
% Occupied Section 8 | 82.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,100 | $880 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | N/A | N/A | $1,330 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — New York Mills, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $225,000 |
| Median Household Income | $56,100 |