Sherburne, NY13460

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$166,000
2.8% YoY Growth
Median Household Income
$63,300
34.3% 5-Year Growth
Days on Market
63
111.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$415
38.7% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,250
N/A

Property Listings — Sherburne, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Sherburne, NY is 63. This is a increase of 111.0% 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
$283,000139.0%
Listing Count
1262.0%
Listings as % of Homes0.9%62.0%
Days on Market
63111.0%
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Demographics — Sherburne, NY

As of the latest ACS Survey released in 2023, Sherburne, NY has a population of 4,290, which has remained stable by 0.2% over the past 5 years. Sherburne, NY is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
4,2900.2%
% Under 18
25.4%17.1%
% Seniors
14.1%-23.0%
% WFH
10.5%81.0%
% w/ College Degree
14.8%-21.3%
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As of the latest ACS Survey released in 2023, Sherburne, NY is a predominantly white area, with 93.0% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Sherburne, NY is asian, making up 0.8% of the population. Foreign-born residents account for 1.8% of the population in Sherburne, NY, and this percentage has decreased by 5.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.0%-1.6%
% Black
0.4%-42.9%
% Hispanic
0.4%-69.2%
% Asian
0.8%700.0%
% Foreign Born
1.8%-5.3%
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Mortgage and Risk — Sherburne, NY

According to HUD data as of 2023, there were 46 mortgage originations in Sherburne, NY, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Sherburne, NY. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
46
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Sherburne, NY

Sherburne, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
29
Total Units Section 8
29
% Rentals under Section 8
7.4%
% Occupied Section 8
77.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$830
2 BedroomN/AN/A$1,020
3 Bedroom$30$1,250$1,280
4 BedroomN/AN/A$1,440

Affordability — Sherburne, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.4
Median Home Price$166,000
Median Household Income$63,300

Sherburne, NY — ZIP Code Boundary Map

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Frequently Asked Questions