Philadelphia, NY—13673
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Philadelphia, NY
As of Oct '25, the median home price in Philadelphia, NY is $195,000, with a year-over-year change of -3.6%. This indicates that home prices in Philadelphia, NY are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | -3.6% |
| Single Family | $195,000 | -3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $160,000 | -5.3% |
3 Bed | $194,000 | -3.0% |
4 Bed | $231,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Philadelphia, NY
As of July '25, Rentcast reports the average rent in Philadelphia, NY is $1,580, with a year-over-year rent change of -14.6%. Per bedroom, the median rent as of July '25 in Philadelphia, NY is 2-bedrooms: $1,160, 3-bedrooms: $2,000. The most common rental property sizes in Philadelphia, NY are 2-bedroom and 3-bedroom, accounting for 36.7% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,160 | $1,580 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,160 | $1,160 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Philadelphia, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Philadelphia, NY is 46. This is a decrease of -29.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $242,000 | -5.0% |
Listing Count | 11 | 25.0% |
| Listings as % of Homes | 0.8% | 25.0% |
Days on Market | 46 | -29.0% |
Demographics — Philadelphia, NY
As of the latest ACS Survey released in 2023, Philadelphia, NY has a population of 1,980, which has decreased by -12.3% over the past 5 years. Philadelphia, NY is a popular place for families, as children make up 28.7% of the population. The area has a poorly educated workforce, with 17.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,980 | -12.3% |
% Under 18 | 28.7% | 19.6% |
% Seniors | 12.7% | 21.0% |
% WFH | 9.1% | 75.0% |
% w/ College Degree | 17.6% | 10.0% |
As of the latest ACS Survey released in 2023, Philadelphia, NY is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Philadelphia, NY is hispanic, making up 5.8% of the population. Foreign-born residents account for 2.3% of the population in Philadelphia, NY, and this percentage has increased by 91.7% 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 | 85.2% | -5.1% |
% Black | 1.0% | -61.5% |
% Hispanic | 5.8% | 52.6% |
% Asian | 1.5% | 200.0% |
% Foreign Born | 2.3% | 91.7% |
Mortgage and Risk — Philadelphia, NY
According to HUD data as of 2023, there were 62 mortgage originations in Philadelphia, NY, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Philadelphia, NY. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Philadelphia, NY
Philadelphia, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 19.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | $70 | $1,160 | $1,230 |
| 3 Bedroom | -$340 | $2,000 | $1,660 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — Philadelphia, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $195,000 |
| Median Household Income | $75,800 |