La Fargeville, NY—13656
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Fargeville, NY
As of Oct '25, the median home price in La Fargeville, NY is $193,000, with a year-over-year change of -3.0%. This indicates that home prices in La Fargeville, NY are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $193,000 | -3.0% |
| Single Family | $193,000 | -3.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $155,000 | -1.9% |
3 Bed | $203,000 | -3.3% |
4 Bed | $208,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — La Fargeville, NY
La Fargeville, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,650 | $1,650 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — La Fargeville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in La Fargeville, NY is 86. This is a increase of 78.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | 15.0% |
Listing Count | 14 | 76.0% |
| Listings as % of Homes | 0.6% | 76.0% |
Days on Market | 86 | 78.0% |
Demographics — La Fargeville, NY
As of the latest ACS Survey released in 2023, La Fargeville, NY has a population of 2,940, which has decreased by -5.2% over the past 5 years. La Fargeville, NY is a popular place for families, as children make up 33.1% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,940 | -5.2% |
% Under 18 | 33.1% | -1.8% |
% Seniors | 13.8% | 17.9% |
% WFH | 6.7% | -11.8% |
% w/ College Degree | 14.6% | -7.0% |
As of the latest ACS Survey released in 2023, La Fargeville, NY is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in La Fargeville, NY is black, making up 4.9% of the population. Foreign-born residents account for 2.0% of the population in La Fargeville, NY, and this percentage has increased by 233.3% 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 | 90.6% | -7.0% |
% Black | 4.9% | 2,350.0% |
% Hispanic | 0.7% | -65.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 2.0% | 233.3% |
Mortgage and Risk — La Fargeville, NY
According to HUD data as of 2023, there were 48 mortgage originations in La Fargeville, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in La Fargeville, NY. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 27.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — La Fargeville, NY
La Fargeville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | $10 | $1,650 | $1,660 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — La Fargeville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $193,000 |
| Median Household Income | $62,200 |