Lowman, NY14861

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$161,000
1.7% YoY Growth
Median Household Income
$60,000
28.6% 5-Year Growth
Days on Market
149
154.0% Longer than last year
Home Price Forecast
1.5%
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 — Lowman, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Lowman, NY is 149. This is a increase of 154.0% 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
$65,000-92.0%
Listing Count
2-25.0%
Listings as % of Homes0.2%-25.0%
Days on Market
149154.0%
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Demographics — Lowman, NY

As of the latest ACS Survey released in 2023, Lowman, NY has a population of 1,360, which has increased by 3.5% over the past 5 years. Lowman, NY is a moderately popular place for families, as children make up 15.8% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,3603.5%
% Under 18
15.8%-6.5%
% Seniors
25.9%23.3%
% WFH
1.1%-85.7%
% w/ College Degree
14.8%25.4%
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As of the latest ACS Survey released in 2023, Lowman, NY is a predominantly white area, with 94.7% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Lowman, NY is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.6% of the population in Lowman, NY, and this percentage has increased by 6.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.7%-5.3%
% Black
0.9%∞%
% Hispanic
1.6%∞%
% Asian
0.0%N/A
% Foreign Born
1.6%6.7%
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Mortgage and Risk — Lowman, NY

According to HUD data as of 2023, there were 57 mortgage originations in Lowman, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Lowman, 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

MetricZip Code Average
Total Loan Originations
57
% Conventional Loans
86.0%
% Government Loans
14.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Lowman, NY

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

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
1.9%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,050
2 BedroomN/AN/A$1,380
3 BedroomN/AN/A$1,750
4 BedroomN/AN/A$1,850

Affordability — Lowman, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.6
Median Home Price$161,000
Median Household Income$60,000

Lowman, NY — ZIP Code Boundary Map

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Frequently Asked Questions