Depew, NY 14043 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Depew, NY—14043

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$257,000

2.8% YoY Growth

Household Income

$73,400

23.3% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

2.8%

Median Rent

$1,500

4.2% YoY Growth

1-Bed Rent

$1,240

39.9% YoY Growth

2-Bed Rent

$1,100

7.0% YoY Growth

3-Bed Rent

$1,600

10.4% YoY Growth

Home Price Trends — Depew, NY

As of Dec '25, the median home price in Depew, NY is $257,000, with a year-over-year change of 2.8%. This indicates that home prices in Depew, NY are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$257,000	2.8%
Single Family	$257,000	2.8%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Depew, NY

As of July '25, Rentcast reports the average rent in Depew, NY is $1,380, with a year-over-year rent change of -4.2%. Per bedroom, the median rent as of July '25 in Depew, NY is studios: $998, 1-bedrooms: $1,270, 2-bedrooms: $1,190, 3-bedrooms: $1,630, 4-bedrooms: $2,180. The most common rental property sizes in Depew, NY are 2-bedroom and 3-bedroom, accounting for 38.0% and 26.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,380
Studio Rent	$945	$998
1 Bed Rent	$1,240	$1,270
2 Bed Rent	$1,100	$1,190
3 Bed Rent	$1,600	$1,630
4 Bed Rent	$2,050	$2,180

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% of Rental Stock

Studio

8.9%

1 Bedroom

22.9%

2 Bedrooms

38.0%

3 Bedrooms

26.4%

4 Bedrooms

2.7%

5+ Bedrooms

1.0%

Property Listings — Depew, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Depew, NY is 31. This is a decrease of -31.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$285,000	9.0%
Listing Count	72	20.0%
Listings as % of Homes	0.3%	20.0%
Days on Market	55	-15.0%

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Demographics — Depew, NY

As of the latest ACS Survey released in 2023, Depew, NY has a population of 24,800, which has increased by 1.6% over the past 5 years. Depew, NY is a moderately popular place for families, as children make up 17.5% of the population. The area has a moderately educated workforce, with 27.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,800	1.6%
% Under 18	17.5%	0.6%
% Seniors	22.1%	12.2%
% WFH	7.1%	294.4%
% w/ College Degree	27.3%	12.3%

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As of the latest ACS Survey released in 2023, Depew, NY is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Depew, NY is hispanic, making up 3.4% of the population. Foreign-born residents account for 4.5% of the population in Depew, NY, and this percentage has increased by 2.3% 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	91.4%	-1.8%
% Black	2.3%	-17.9%
% Hispanic	3.4%	41.7%
% Asian	1.4%	133.3%
% Foreign Born	4.5%	2.3%

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Mortgage and Risk — Depew, NY

According to HUD data as of 2023, there were 428 mortgage originations in Depew, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Depew, NY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	428
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Depew, NY

As of 2024, the percent of homes in Depew, NY under the Section 8 program is 5.9%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Depew, NY, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	207
Total Units Section 8	192
% Rentals under Section 8	5.9%
% Occupied Section 8	82.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$200	$1,240	$1,040
2 Bedroom	$120	$1,100	$1,220
3 Bedroom	-$110	$1,600	$1,490
4 Bedroom	-$360	$2,050	$1,690

Depew, NY—14043

Key Metrics at a Glance

Home Price Trends — Depew, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Depew, NY

% of Rental Stock

Property Listings — Depew, NY

Demographics — Depew, NY

Race and Ethnicity

Mortgage and Risk — Depew, NY

Mortgages

Rentals and Section 8 — Depew, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Depew, NY

Home Price to Income Ratio

Depew, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Bowmansville, NY

Depew, Buffalo, NY

Cheektowaga, Buffalo, NY

Lancaster, NY

West Seneca, Buffalo, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$257,000
Median Household Income	$73,400

Depew, NY—14043

Key Metrics at a Glance

Home Price Trends — Depew, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Depew, NY

% of Rental Stock

Property Listings — Depew, NY

Demographics — Depew, NY

Race and Ethnicity

Mortgage and Risk — Depew, NY

Mortgages

Rentals and Section 8 — Depew, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Depew, NY

Home Price to Income Ratio

Depew, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Bowmansville, NY

Depew, Buffalo, NY

Cheektowaga, Buffalo, NY

Lancaster, NY

West Seneca, Buffalo, NY

Frequently Asked Questions

What is the average home price in Depew, NY 14043?

How have home prices in Depew, NY 14043 changed over the past year?

What is the home price projection for Depew, NY 14043?

What are the demographics of Depew, NY 14043?

How long does it take homes to sell in Depew, NY 14043?

What is the average rent price in Depew, NY 14043?