Newfield, NY14867

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$267,000
1.8% YoY Growth
Median Household Income
$67,600
8.7% 5-Year Growth
Days on Market
36
31.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$1,800
31.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,250
30.6% YoY Growth
3-Bed Rent
$1,800
N/A

Property Listings — Newfield, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Newfield, NY is 36. This is a increase of 31.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$305,0009.0%
Listing Count
2273.0%
Listings as % of Homes0.3%73.0%
Days on Market
3631.0%
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Demographics — Newfield, NY

As of the latest ACS Survey released in 2023, Newfield, NY has a population of 5,190, which has decreased by -6.5% over the past 5 years. Newfield, NY is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 30.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,190-6.5%
% Under 18
22.2%30.6%
% Seniors
20.2%26.2%
% WFH
13.4%737.5%
% w/ College Degree
30.6%8.1%
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As of the latest ACS Survey released in 2023, Newfield, NY is a predominantly white area, with 94.3% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Newfield, NY is hispanic, making up 4.6% of the population. Foreign-born residents account for 2.1% of the population in Newfield, NY, and this percentage has increased by 40.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.3%2.8%
% Black
0.4%-78.9%
% Hispanic
4.6%12.2%
% Asian
0.0%-100.0%
% Foreign Born
2.1%40.0%
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Mortgage and Risk — Newfield, NY

According to HUD data as of 2023, there were 75 mortgage originations in Newfield, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Newfield, NY. Investor activity is low, as 0.0% 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
75
% Conventional Loans
88.0%
% Government Loans
12.0%
% Investor Loans
0.0%
% Second Loans
1.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Newfield, NY

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

Section 8 Market Size

Total Units under HUD
153
Total Units Section 8
153
% Rentals under Section 8
29.4%
% Occupied Section 8
90.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,300
2 Bedroom$250$1,250$1,500
3 Bedroom$60$1,800$1,860
4 BedroomN/AN/A$2,010

Affordability — Newfield, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$267,000
Median Household Income$67,600

Newfield, NY — ZIP Code Boundary Map

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Frequently Asked Questions