Burt, NY—14028
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Burt, NY
As of Oct '25, the median home price in Burt, NY is $260,000, with a year-over-year change of 1.2%. This indicates that home prices in Burt, NY are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 1.2% |
| Single Family | $259,000 | 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 | $204,000 | 2.0% |
3 Bed | $282,000 | 1.1% |
4 Bed | $283,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Burt, NY
Burt, 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 — Burt, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Burt, NY is 38. This is a decrease of -7.0% 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 | $301,000 | -26.0% |
Listing Count | 12 | 88.0% |
| Listings as % of Homes | 0.6% | 88.0% |
Days on Market | 38 | -7.0% |
Demographics — Burt, NY
As of the latest ACS Survey released in 2023, Burt, NY has a population of 1,380, which has decreased by -19.1% over the past 5 years. Burt, NY is a moderately popular place for families, as children make up 16.5% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | -19.1% |
% Under 18 | 16.5% | -28.3% |
% Seniors | 35.1% | 185.4% |
% WFH | 3.0% | -63.9% |
% w/ College Degree | 18.4% | -26.1% |
As of the latest ACS Survey released in 2023, Burt, NY is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Burt, NY is hispanic, making up 7.6% of the population. Foreign-born residents account for 2.3% of the population in Burt, 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 | 87.4% | -9.8% |
% Black | 0.8% | 300.0% |
% Hispanic | 7.6% | 7,500.0% |
% Asian | 0.7% | 600.0% |
% Foreign Born | 2.3% | 187.5% |
Mortgage and Risk — Burt, NY
According to HUD data as of 2023, there were 44 mortgage originations in Burt, NY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Burt, NY. Investor activity is low, as 0.0% 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 | 44 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Burt, NY
Burt, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Burt, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $260,000 |
| Median Household Income | $73,600 |