Redwood, NY—13679
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Redwood, NY
As of Oct '25, the median home price in Redwood, NY is $211,000, with a year-over-year change of -1.0%. This indicates that home prices in Redwood, NY are flat. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | -1.0% |
| Single Family | $211,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $210,000 | -0.9% |
3 Bed | $243,000 | -1.6% |
4 Bed | $217,000 | -1.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Redwood, NY
Redwood, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $850 |
| 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 — Redwood, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Redwood, NY is 66. This is a decrease of -55.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $269,000 | 73.0% |
Listing Count | 10 | 93.0% |
| Listings as % of Homes | 0.5% | 93.0% |
Days on Market | 66 | -55.0% |
Demographics — Redwood, NY
As of the latest ACS Survey released in 2023, Redwood, NY has a population of 1,170, which has decreased by -41.2% over the past 5 years. Redwood, NY is a moderately popular place for families, as children make up 15.0% of the population. The area has a moderately educated workforce, with 31.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,170 | -41.2% |
% Under 18 | 15.0% | -40.9% |
% Seniors | 20.4% | 117.0% |
% WFH | 12.2% | 60.5% |
% w/ College Degree | 31.8% | 127.1% |
As of the latest ACS Survey released in 2023, Redwood, NY is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Redwood, NY is asian, making up 1.9% of the population. Foreign-born residents account for 3.1% of the population in Redwood, NY, and this percentage has increased by 244.4% 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 | 93.6% | -4.2% |
% Black | 0.0% | N/A |
% Hispanic | 0.7% | -69.6% |
% Asian | 1.9% | ∞% |
% Foreign Born | 3.1% | 244.4% |
Mortgage and Risk — Redwood, NY
Redwood, 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 — Redwood, NY
Redwood, 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 | 8.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $90 | $850 | $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 — Redwood, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $211,000 |
| Median Household Income | $103,000 |