Chaffee, NY—14030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chaffee, NY
As of Oct '25, the median home price in Chaffee, NY is $244,000, with a year-over-year change of 0.6%. This indicates that home prices in Chaffee, NY are flat. 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 | $244,000 | 0.6% |
| Single Family | $244,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $257,000 | -0.4% |
4 Bed | $254,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chaffee, NY
Chaffee, 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 — Chaffee, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Chaffee, NY is 74. This is a increase of 16.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | 61.0% |
Listing Count | 3 | 25.0% |
| Listings as % of Homes | 0.4% | 25.0% |
Days on Market | 74 | 16.0% |
Demographics — Chaffee, NY
As of the latest ACS Survey released in 2023, Chaffee, NY has a population of 2,050, which has increased by 15.5% over the past 5 years. Chaffee, NY is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,050 | 15.5% |
% Under 18 | 27.0% | 13.4% |
% Seniors | 14.9% | -14.9% |
% WFH | 6.5% | 109.7% |
% w/ College Degree | 18.9% | 36.0% |
As of the latest ACS Survey released in 2023, Chaffee, NY is a predominantly white area, with 96.0% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Chaffee, NY is asian, making up 0.9% of the population. Foreign-born residents account for 1.1% of the population in Chaffee, NY, and this percentage has increased by Inf% 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 | 96.0% | -0.1% |
% Black | 0.2% | 0.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.9% | ∞% |
% Foreign Born | 1.1% | ∞% |
Mortgage and Risk — Chaffee, NY
According to HUD data as of 2023, there were 35 mortgage originations in Chaffee, NY, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Chaffee, NY. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 35 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Chaffee, NY
Chaffee, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Chaffee, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $244,000 |
| Median Household Income | $84,800 |