Spencerport, NY—14559
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spencerport, NY
As of Oct '25, the median home price in Spencerport, NY is $307,000, with a year-over-year change of 6.0%. This indicates that home prices in Spencerport, 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 | $307,000 | 6.0% |
| Single Family | $308,000 | 6.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | 6.2% |
3 Bed | $290,000 | 5.5% |
4 Bed | $358,000 | 6.9% |
| 5 Bed | $434,000 | 6.9% |
% of Housing Stock
Rental Trends — Spencerport, NY
As of July '25, Rentcast reports the average rent in Spencerport, NY is $1,630, with a year-over-year rent change of -20.5%. Per bedroom, the median rent as of July '25 in Spencerport, NY is 1-bedrooms: $1,350, 2-bedrooms: $1,500, 3-bedrooms: $2,750. The most common rental property sizes in Spencerport, NY are 2-bedroom and 1-bedroom, accounting for 48.7% and 16.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,630 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,390 | $1,350 |
| 2 Bed Rent | $1,400 | $1,500 |
| 3 Bed Rent | $2,750 | $2,750 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spencerport, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Spencerport, NY is 91. This is a increase of 98.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $520,000 | 27.0% |
Listing Count | 54 | 73.0% |
| Listings as % of Homes | 0.1% | 73.0% |
Days on Market | 91 | 98.0% |
Demographics — Spencerport, NY
As of the latest ACS Survey released in 2023, Spencerport, NY has a population of 17,600, which has decreased by -6.8% over the past 5 years. Spencerport, NY is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 38.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,600 | -6.8% |
% Under 18 | 20.7% | -6.3% |
% Seniors | 19.2% | 17.1% |
% WFH | 14.1% | 182.0% |
% w/ College Degree | 38.8% | 2.9% |
As of the latest ACS Survey released in 2023, Spencerport, NY is a predominantly white area, with 92.4% of the population identifying as white. The white population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Spencerport, NY is hispanic, making up 1.8% of the population. Foreign-born residents account for 3.2% of the population in Spencerport, NY, and this percentage has decreased by 41.8% 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 | 92.4% | 1.0% |
% Black | 1.3% | 8.3% |
% Hispanic | 1.8% | -67.9% |
% Asian | 0.3% | -25.0% |
% Foreign Born | 3.2% | -41.8% |
Mortgage and Risk — Spencerport, NY
According to HUD data as of 2023, there were 449 mortgage originations in Spencerport, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Spencerport, NY. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 449 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Spencerport, NY
Spencerport, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $1,390 | $1,270 |
| 2 Bedroom | $180 | $1,400 | $1,580 |
| 3 Bedroom | -$850 | $2,750 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,090 |
Affordability — Spencerport, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $307,000 |
| Median Household Income | $91,000 |