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Springville, NY—14141

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$248,000
2.8% YoY Growth
Household Income
$71,800
28.8% YoY Growth
Days on Market
56
23.0% Shorter YoY
Home Price Forecast
2.6%
Median Rent
$850
16.8% YoY Growth
1-Bed Rent
$850
3.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Springville, NY

As of Dec '25, the median home price in Springville, NY is $248,000, with a year-over-year change of 2.8%. This indicates that home prices in Springville, NY are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$248,0002.8%
Single Family $248,0002.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $219,0003.3%
    3 Bed
    $253,0002.4%
    4 Bed
    $273,0003.8%
    5 Bed $271,6582.5%
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    % of Housing Stock

    Studio
    0.3%
    1 Bedroom
    12.5%
    2 Bedrooms
    22.1%
    3 Bedrooms
    44.2%
    4 Bedrooms
    18.1%
    5+ Bedrooms
    2.8%

    Rental Trends — Springville, NY

    As of July '25, Rentcast reports the average rent in Springville, NY is $850, with a year-over-year rent change of 16.8%. Per bedroom, the median rent as of July '25 in Springville, NY is 1-bedrooms: $850. The most common rental property sizes in Springville, NY are 1-bedroom and 3-bedroom, accounting for 38.8% and 26.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$850$850
    Studio Rent N/AN/A
    1 Bed Rent $850$850
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    38.8%
    2 Bedrooms
    25.8%
    3 Bedrooms
    26.6%
    4 Bedrooms
    5.2%
    5+ Bedrooms
    3.6%

    Property Listings — Springville, NY

    As of Dec '25, Realtor.com reports that the median days on market for a home in Springville, NY is 54. This is a decrease of -14.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $277,000-13.0%
    Listing Count
    223.0%
    Listings as % of Homes0.2%3.0%
    Days on Market
    56-23.0%
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    Demographics — Springville, NY

    As of the latest ACS Survey released in 2023, Springville, NY has a population of 7,620, which has increased by 1.7% over the past 5 years. Springville, NY is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    7,6201.7%
    % Under 18
    23.1%14.9%
    % Seniors
    19.5%-8.5%
    % WFH
    11.0%547.1%
    % w/ College Degree
    28.2%18.5%
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    As of the latest ACS Survey released in 2023, Springville, NY is a predominantly white area, with 96.1% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Springville, NY is hispanic, making up 1.5% of the population. Foreign-born residents account for 1.2% of the population in Springville, NY, and this percentage has decreased by 47.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    96.1%-1.5%
    % Black
    0.6%100.0%
    % Hispanic
    1.5%87.5%
    % Asian
    0.3%-25.0%
    % Foreign Born
    1.2%-47.8%
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    Mortgage and Risk — Springville, NY

    According to HUD data as of 2023, there were 110 mortgage originations in Springville, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Springville, NY. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    110
    % Conventional Loans
    86.0%
    % Government Loans
    14.0%
    % Investor Loans
    2.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    7.0%
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    Rentals and Section 8 — Springville, NY

    Springville, NY lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    122
    Total Units Section 8
    80
    % Rentals under Section 8
    11.2%
    % Occupied Section 8
    83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$50$850$900
    2 BedroomN/AN/A$1,050
    3 BedroomN/AN/A$1,290
    4 BedroomN/AN/A$1,450

    Affordability — Springville, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3
    Median Home Price$248,000
    Median Household Income$71,800

    Springville, NY — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    14025

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    14069

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    14055

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    14171

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    14729

    Frequently Asked Questions