Lake View, NY—14085
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake View, NY
As of Oct '25, the median home price in Lake View, NY is $355,000, with a year-over-year change of 5.6%. This indicates that home prices in Lake View, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | 5.6% |
| Single Family | $355,000 | 6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | 7.2% |
3 Bed | $325,000 | 5.5% |
4 Bed | $436,000 | 7.4% |
| 5 Bed | $477,000 | 6.5% |
% of Housing Stock
Rental Trends — Lake View, NY
Lake View, 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 — Lake View, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake View, NY is 35. This is a decrease of -56.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $429,000 | -2.0% |
Listing Count | 43 | 88.0% |
| Listings as % of Homes | 0.3% | 88.0% |
Days on Market | 35 | -56.0% |
Demographics — Lake View, NY
As of the latest ACS Survey released in 2023, Lake View, NY has a population of 8,440, which has increased by 15.5% over the past 5 years. Lake View, NY is a popular place for families, as children make up 26.7% of the population. The area has a highly educated workforce, with 48.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,440 | 15.5% |
% Under 18 | 26.7% | 3.5% |
% Seniors | 15.4% | 4.1% |
% WFH | 16.5% | 450.0% |
% w/ College Degree | 48.5% | 43.5% |
As of the latest ACS Survey released in 2023, Lake View, NY is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Lake View, NY is hispanic, making up 2.5% of the population. Foreign-born residents account for 2.2% of the population in Lake View, NY, and this percentage has decreased by 4.3% 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 | 92.6% | -4.5% |
% Black | 0.7% | 40.0% |
% Hispanic | 2.5% | 38.9% |
% Asian | 0.6% | -25.0% |
% Foreign Born | 2.2% | -4.3% |
Mortgage and Risk — Lake View, NY
According to HUD data as of 2023, there were 182 mortgage originations in Lake View, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Lake View, NY. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 182 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Lake View, NY
Lake View, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,350 |
| 2 Bedroom | N/A | N/A | $1,590 |
| 3 Bedroom | N/A | N/A | $1,940 |
| 4 Bedroom | N/A | N/A | $2,200 |
Affordability — Lake View, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $355,000 |
| Median Household Income | $124,000 |