Vestal, NY—13850
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Vestal, NY
As of Oct '25, the median home price in Vestal, NY is $243,000, with a year-over-year change of 2.7%. This indicates that home prices in Vestal, NY are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $243,000 | 2.7% |
| Single Family | $243,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $164,000 | 2.5% |
3 Bed | $226,000 | 3.2% |
4 Bed | $327,000 | 3.5% |
| 5 Bed | $412,000 | 2.7% |
% of Housing Stock
Rental Trends — Vestal, NY
As of July '25, Rentcast reports the average rent in Vestal, NY is $1,980, with a year-over-year rent change of 0.5%. Per bedroom, the median rent as of July '25 in Vestal, NY is studios: $1,850, 1-bedrooms: $1,040, 2-bedrooms: $1,580, 3-bedrooms: $2,090, 4-bedrooms: $2,300. The most common rental property sizes in Vestal, NY are 2-bedroom and 1-bedroom, accounting for 36.7% and 21.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $1,980 |
| Studio Rent | $1,850 | $1,850 |
| 1 Bed Rent | $795 | $1,040 |
| 2 Bed Rent | $1,320 | $1,580 |
| 3 Bed Rent | $2,100 | $2,090 |
| 4 Bed Rent | $2,500 | $2,300 |
% of Rental Stock
Property Listings — Vestal, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Vestal, NY is 43. This is a increase of 37.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | 22.0% |
Listing Count | 97 | -2.0% |
| Listings as % of Homes | 0.5% | -2.0% |
Days on Market | 43 | 37.0% |
Demographics — Vestal, NY
As of the latest ACS Survey released in 2023, Vestal, NY has a population of 23,700, which has increased by 6.7% over the past 5 years. Vestal, NY is a moderately popular place for families, as children make up 21.3% of the population. The area has a highly educated workforce, with 45.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 6.7% |
% Under 18 | 21.3% | 10.9% |
% Seniors | 21.8% | 2.8% |
% WFH | 9.8% | 263.0% |
% w/ College Degree | 45.1% | 1.1% |
As of the latest ACS Survey released in 2023, Vestal, NY is a predominantly white area, with 77.7% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Vestal, NY is asian, making up 11.7% of the population. Foreign-born residents account for 13.7% of the population in Vestal, NY, and this percentage has decreased by 2.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.7% | -4.9% |
% Black | 2.2% | -38.9% |
% Hispanic | 5.3% | 71.0% |
% Asian | 11.7% | 13.6% |
% Foreign Born | 13.7% | -2.1% |
Mortgage and Risk — Vestal, NY
According to HUD data as of 2023, there were 273 mortgage originations in Vestal, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Vestal, NY. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 273 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Vestal, NY
As of 2024, the percent of homes in Vestal, NY under the Section 8 program is 1.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Vestal, NY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 1.3% |
% Occupied Section 8 | 66.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $285 | $795 | $1,080 |
| 2 Bedroom | $40 | $1,320 | $1,360 |
| 3 Bedroom | -$340 | $2,100 | $1,760 |
| 4 Bedroom | -$490 | $2,500 | $2,010 |
Affordability — Vestal, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $243,000 |
| Median Household Income | $81,600 |