Falconer, NY14733

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$131,000
8.1% YoY Growth
Median Household Income
$56,200
28.1% 5-Year Growth
Days on Market
69
11.0% Longer than last year
Home Price Forecast
3.3%
Median 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

Property Listings — Falconer, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Falconer, NY is 69. This is a increase of 11.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$145,000-14.0%
Listing Count
108.0%
Listings as % of Homes0.4%8.0%
Days on Market
6911.0%
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Demographics — Falconer, NY

As of the latest ACS Survey released in 2023, Falconer, NY has a population of 3,200, which has decreased by -16.7% over the past 5 years. Falconer, NY is a moderately popular place for families, as children make up 21.7% of the population. The area has a poorly educated workforce, with 16.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,200-16.7%
% Under 18
21.7%-17.5%
% Seniors
18.0%1.1%
% WFH
2.8%-9.7%
% w/ College Degree
16.1%5.2%
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As of the latest ACS Survey released in 2023, Falconer, NY is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Falconer, NY is hispanic, making up 1.3% of the population. Foreign-born residents account for 0.6% of the population in Falconer, NY, and this percentage has increased by 500.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
91.1%-6.3%
% Black
0.7%0.0%
% Hispanic
1.3%-7.1%
% Asian
0.3%200.0%
% Foreign Born
0.6%500.0%
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Mortgage and Risk — Falconer, NY

According to HUD data as of 2023, there were 87 mortgage originations in Falconer, NY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Falconer, NY. Investor activity is low, as 0.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
87
% Conventional Loans
82.0%
% Government Loans
18.0%
% Investor Loans
0.0%
% Second Loans
2.0%
% Cash Out Refinance
2.0%

Loan Activity

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Rentals and Section 8 — Falconer, NY

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

Section 8 Market Size

Total Units under HUD
43
Total Units Section 8
43
% Rentals under Section 8
N/A
% Occupied Section 8
97.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$720
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,210
4 BedroomN/AN/A$1,240

Affordability — Falconer, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.9
Median Home Price$131,000
Median Household Income$56,200

Falconer, NY — ZIP Code Boundary Map

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Frequently Asked Questions