Corfu, NY—14036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Corfu, NY
As of Oct '25, the median home price in Corfu, NY is $259,000, with a year-over-year change of 4.0%. This indicates that home prices in Corfu, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | 4.0% |
| Single Family | $259,000 | 3.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $218,000 | 4.8% |
3 Bed | $264,000 | 3.9% |
4 Bed | $288,000 | 4.0% |
| 5 Bed | $286,000 | 3.2% |
% of Housing Stock
Rental Trends — Corfu, NY
Corfu, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,700 | $1,700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Corfu, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Corfu, NY is 67. This is a increase of 51.0% 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 | $344,000 | -22.0% |
Listing Count | 14 | -3.0% |
| Listings as % of Homes | 0.2% | -3.0% |
Days on Market | 67 | 51.0% |
Demographics — Corfu, NY
As of the latest ACS Survey released in 2023, Corfu, NY has a population of 5,740, which has increased by 21.5% over the past 5 years. Corfu, NY is a moderately popular place for families, as children make up 15.6% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,740 | 21.5% |
% Under 18 | 15.6% | -4.9% |
% Seniors | 26.7% | 39.1% |
% WFH | 5.8% | 141.7% |
% w/ College Degree | 19.0% | -20.2% |
As of the latest ACS Survey released in 2023, Corfu, NY is a predominantly white area, with 95.7% of the population identifying as white. The white population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Corfu, NY is hispanic, making up 2.3% of the population. Foreign-born residents account for 2.7% of the population in Corfu, NY, and this percentage has increased by 285.7% 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 | 95.7% | 1.9% |
% Black | 1.3% | 225.0% |
% Hispanic | 2.3% | 228.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.7% | 285.7% |
Mortgage and Risk — Corfu, NY
According to HUD data as of 2023, there were 105 mortgage originations in Corfu, NY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Corfu, NY. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 105 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Corfu, NY
Corfu, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $910 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | -$380 | $1,700 | $1,320 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Corfu, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $259,000 |
| Median Household Income | $91,800 |