North Chili, NY—14514
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Chili, NY
As of Oct '25, the median home price in North Chili, NY is $320,000, with a year-over-year change of 7.2%. This indicates that home prices in North Chili, NY are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | 7.2% |
| Single Family | $321,000 | 6.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $282,000 | 6.8% |
3 Bed | $318,000 | 7.1% |
4 Bed | $384,000 | 7.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Chili, NY
As of July '25, Rentcast reports the average rent in North Chili, NY is $2,480, with a year-over-year rent change of 27.2%. Per bedroom, the median rent as of July '25 in North Chili, NY is 1-bedrooms: $1,380, 2-bedrooms: $1,650, 4-bedrooms: $5,500. The most common rental property sizes in North Chili, NY are 2-bedroom and 1-bedroom, accounting for 34.1% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $2,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $996 | $1,380 |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $5,500 | $5,500 |
% of Rental Stock
Property Listings — North Chili, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in North Chili, NY is 81. This is a decrease of -44.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $476,000 | -4.0% |
Listing Count | 10 | 3.0% |
| Listings as % of Homes | 0.1% | 3.0% |
Days on Market | 81 | -44.0% |
Demographics — North Chili, NY
As of the latest ACS Survey released in 2023, North Chili, NY has a population of 5,980, which has decreased by -12.3% over the past 5 years. North Chili, NY is a moderately popular place for families, as children make up 21.2% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,980 | -12.3% |
% Under 18 | 21.2% | -5.8% |
% Seniors | 21.6% | 22.7% |
% WFH | 10.5% | 2,000.0% |
% w/ College Degree | 41.9% | 5.0% |
As of the latest ACS Survey released in 2023, North Chili, NY is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in North Chili, NY is black, making up 6.2% of the population. Foreign-born residents account for 4.7% of the population in North Chili, NY, and this percentage has decreased by 30.9% 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 | 85.7% | -0.3% |
% Black | 6.2% | 10.7% |
% Hispanic | 3.5% | 0.0% |
% Asian | 1.1% | 57.1% |
% Foreign Born | 4.7% | -30.9% |
Mortgage and Risk — North Chili, NY
According to HUD data as of 2023, there were 92 mortgage originations in North Chili, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in North Chili, NY. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — North Chili, NY
North Chili, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 106 |
Total Units Section 8 | 106 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $484 | $996 | $1,480 |
| 2 Bedroom | $190 | $1,650 | $1,840 |
| 3 Bedroom | N/A | N/A | $2,220 |
| 4 Bedroom | -$3,060 | $5,500 | $2,440 |
Affordability — North Chili, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $320,000 |
| Median Household Income | $80,500 |