Great Valley, NY—14741
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Great Valley, NY
As of Oct '25, the median home price in Great Valley, NY is $216,000, with a year-over-year change of 2.3%. This indicates that home prices in Great Valley, NY are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 2.3% |
| Single Family | $216,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $179,000 | 1.7% |
3 Bed | $237,000 | 1.7% |
4 Bed | $283,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Great Valley, NY
Great Valley, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Great Valley, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Great Valley, NY is 112. This is a increase of 13.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $397,000 | -25.0% |
Listing Count | 14 | -7.0% |
| Listings as % of Homes | 0.4% | -7.0% |
Days on Market | 112 | 13.0% |
Demographics — Great Valley, NY
As of the latest ACS Survey released in 2023, Great Valley, NY has a population of 1,960, which has increased by 8.2% over the past 5 years. Great Valley, NY is a moderately popular place for families, as children make up 22.6% of the population. The area has a poorly educated workforce, with 21.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,960 | 8.2% |
% Under 18 | 22.6% | -7.4% |
% Seniors | 19.2% | 3.2% |
% WFH | 3.7% | -26.0% |
% w/ College Degree | 21.2% | -8.2% |
As of the latest ACS Survey released in 2023, Great Valley, NY is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Great Valley, NY is black, making up 0.1% of the population. Foreign-born residents account for 1.1% of the population in Great Valley, NY, and this percentage has increased by 37.5% 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 | 94.6% | -2.2% |
% Black | 0.1% | 0.0% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | 37.5% |
Mortgage and Risk — Great Valley, NY
According to HUD data as of 2023, there were 37 mortgage originations in Great Valley, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Great Valley, NY. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 37 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 0.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Great Valley, NY
Great Valley, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $1,060 |
| 3 Bedroom | $0 | $1,300 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Great Valley, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $216,000 |
| Median Household Income | $76,500 |