Lorraine, NY—13659
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lorraine, NY
As of Oct '25, the median home price in Lorraine, NY is $158,000, with a year-over-year change of 0.4%. This indicates that home prices in Lorraine, NY are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | 0.4% |
| Single Family | $158,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $202,000 | -2.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lorraine, NY
Lorraine, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 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 — Lorraine, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lorraine, NY is 260. This is a increase of 66.0% 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 | $497,000 | 111.0% |
Listing Count | 3 | -62.0% |
| Listings as % of Homes | 0.6% | -62.0% |
Days on Market | 260 | 66.0% |
Demographics — Lorraine, NY
As of the latest ACS Survey released in 2023, Lorraine, NY has a population of 371, which has decreased by -22.5% over the past 5 years. Lorraine, NY is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 371 | -22.5% |
% Under 18 | 23.7% | 37.0% |
% Seniors | 19.4% | 5.4% |
% WFH | 1.2% | 9.1% |
% w/ College Degree | 25.7% | 238.2% |
As of the latest ACS Survey released in 2023, Lorraine, NY is a predominantly white area, with 96.2% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Lorraine, NY is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.8% of the population in Lorraine, NY, and this percentage has increased by Inf% 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 | 96.2% | -2.8% |
% Black | 0.0% | N/A |
% Hispanic | 2.7% | 170.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | ∞% |
Mortgage and Risk — Lorraine, NY
Lorraine, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Lorraine, NY
Lorraine, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 16.7% |
% 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 | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — Lorraine, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $158,000 |
| Median Household Income | $59,400 |