Newark Valley, NY—13811
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newark Valley, NY
As of Oct '25, the median home price in Newark Valley, NY is $184,000, with a year-over-year change of 4.1%. This indicates that home prices in Newark Valley, NY are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $184,000 | 4.1% |
| Single Family | $184,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $156,000 | 3.3% |
3 Bed | $183,000 | 2.8% |
4 Bed | $217,000 | 5.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Newark Valley, NY
As of July '25, Rentcast reports the average rent in Newark Valley, NY is $2,500, with a year-over-year rent change of 108.3%. Per bedroom, the median rent as of July '25 in Newark Valley, NY is 4-bedrooms: $2,500. The most common rental property sizes in Newark Valley, NY are 2-bedroom and 3-bedroom, accounting for 53.3% and 18.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| 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 | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Newark Valley, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Newark Valley, NY is 120. This is a decrease of -5.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $349,000 | 110.0% |
Listing Count | 12 | -3.0% |
| Listings as % of Homes | 0.6% | -3.0% |
Days on Market | 120 | -5.0% |
Demographics — Newark Valley, NY
As of the latest ACS Survey released in 2023, Newark Valley, NY has a population of 4,100, which has decreased by -4.9% over the past 5 years. Newark Valley, NY is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,100 | -4.9% |
% Under 18 | 20.7% | -12.7% |
% Seniors | 21.3% | 31.5% |
% WFH | 4.5% | -29.7% |
% w/ College Degree | 28.3% | 10.1% |
As of the latest ACS Survey released in 2023, Newark Valley, NY is a predominantly white area, with 93.6% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Newark Valley, NY is asian, making up 2.0% of the population. Foreign-born residents account for 2.8% of the population in Newark Valley, NY, and this percentage has increased by 1300.0% 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% | -2.7% |
% Black | 0.3% | 0.0% |
% Hispanic | 1.0% | 66.7% |
% Asian | 2.0% | ∞% |
% Foreign Born | 2.8% | 1,300.0% |
Mortgage and Risk — Newark Valley, NY
According to HUD data as of 2023, there were 54 mortgage originations in Newark Valley, NY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Newark Valley, NY. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Newark Valley, NY
Newark Valley, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,560 |
| 4 Bedroom | -$720 | $2,500 | $1,780 |
Affordability — Newark Valley, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $184,000 |
| Median Household Income | $80,900 |