Le Roy, NY—14482
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Le Roy, NY
As of Oct '25, the median home price in Le Roy, NY is $220,000, with a year-over-year change of 6.6%. This indicates that home prices in Le Roy, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | 6.6% |
| Single Family | $220,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $184,000 | 6.4% |
3 Bed | $221,000 | 6.2% |
4 Bed | $240,000 | 6.7% |
| 5 Bed | $295,000 | 8.5% |
% of Housing Stock
Rental Trends — Le Roy, NY
As of July '25, Rentcast reports the average rent in Le Roy, NY is $899, with a year-over-year rent change of -63.7%. Per bedroom, the median rent as of July '25 in Le Roy, NY is 1-bedrooms: $798, 2-bedrooms: $1,100. The most common rental property sizes in Le Roy, NY are 1-bedroom and 3-bedroom, accounting for 57.4% and 19.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $899 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $671 | $798 |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Le Roy, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Le Roy, NY is 21. This is a increase of 39.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $227,000 | 18.0% |
Listing Count | 15 | -15.0% |
| Listings as % of Homes | 0.1% | -15.0% |
Days on Market | 21 | 39.0% |
Demographics — Le Roy, NY
As of the latest ACS Survey released in 2023, Le Roy, NY has a population of 8,230, which has remained stable by 0.5% over the past 5 years. Le Roy, NY is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,230 | 0.5% |
% Under 18 | 18.5% | -20.3% |
% Seniors | 20.5% | 31.4% |
% WFH | 7.0% | 75.0% |
% w/ College Degree | 28.3% | 10.5% |
As of the latest ACS Survey released in 2023, Le Roy, NY is a predominantly white area, with 94.2% of the population identifying as white. The white population has grown by 2.6% in the last 5 years. The second most common race or ethnicity in Le Roy, NY is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.2% of the population in Le Roy, NY, and this percentage has increased by 9.1% 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 | 94.2% | 2.6% |
% Black | 1.3% | -50.0% |
% Hispanic | 1.7% | -26.1% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 1.2% | 9.1% |
Mortgage and Risk — Le Roy, NY
According to HUD data as of 2023, there were 153 mortgage originations in Le Roy, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Le Roy, NY. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 153 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Le Roy, NY
Le Roy, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 123 |
Total Units Section 8 | 113 |
% Rentals under Section 8 | 12.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $279 | $671 | $950 |
| 2 Bedroom | $80 | $1,100 | $1,180 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Le Roy, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $220,000 |
| Median Household Income | $77,600 |