Nichols, NY—13812
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nichols, NY
As of Oct '25, the median home price in Nichols, NY is $164,000, with a year-over-year change of 1.8%. This indicates that home prices in Nichols, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $164,000 | 1.9% |
| Single Family | $164,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $141,000 | 2.2% |
3 Bed | $165,000 | 3.1% |
4 Bed | $193,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nichols, NY
Nichols, 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 — Nichols, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Nichols, NY is 22. This is a decrease of -51.0% 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 57.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $305,000 | 33.0% |
Listing Count | 7 | -6.0% |
| Listings as % of Homes | 0.7% | -6.0% |
Days on Market | 22 | -51.0% |
Demographics — Nichols, NY
As of the latest ACS Survey released in 2023, Nichols, NY has a population of 2,310, which has decreased by -6.8% over the past 5 years. Nichols, NY is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,310 | -6.8% |
% Under 18 | 23.5% | -4.5% |
% Seniors | 20.1% | 21.8% |
% WFH | 6.2% | 44.2% |
% w/ College Degree | 17.8% | 4.7% |
As of the latest ACS Survey released in 2023, Nichols, NY is a predominantly white area, with 98.2% of the population identifying as white. The white population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Nichols, NY is hispanic, making up 0.2% of the population. Foreign-born residents account for 2.3% of the population in Nichols, NY, and this percentage has increased by 187.5% 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 | 98.2% | 2.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.2% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.3% | 187.5% |
Mortgage and Risk — Nichols, NY
Nichols, 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 — Nichols, NY
Nichols, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | N/A | N/A | $1,340 |
| 3 Bedroom | N/A | N/A | $1,730 |
| 4 Bedroom | N/A | N/A | $1,980 |
Affordability — Nichols, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $164,000 |
| Median Household Income | $74,400 |