Trumansburg, NY—14886
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Trumansburg, NY
As of Oct '25, the median home price in Trumansburg, NY is $329,000, with a year-over-year change of 3.0%. This indicates that home prices in Trumansburg, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $329,000 | 3.0% |
| Single Family | $329,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $260,000 | 2.8% |
3 Bed | $324,000 | 2.9% |
4 Bed | $413,000 | 4.0% |
| 5 Bed | $498,000 | 3.1% |
% of Housing Stock
Rental Trends — Trumansburg, NY
As of July '25, Rentcast reports the average rent in Trumansburg, NY is $1,960, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Trumansburg, NY is 1-bedrooms: $1,230, 4-bedrooms: $2,700. The most common rental property sizes in Trumansburg, NY are 2-bedroom and 1-bedroom, accounting for 49.1% and 21.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,230 | $1,960 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,230 | $1,230 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $2,700 | $2,700 |
% of Rental Stock
Property Listings — Trumansburg, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Trumansburg, NY is 59. This is a decrease of -34.0% from last year, suggesting that homes are sitting on the market shorter 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | -42.0% |
Listing Count | 28 | 62.0% |
| Listings as % of Homes | 0.2% | 62.0% |
Days on Market | 59 | -34.0% |
Demographics — Trumansburg, NY
As of the latest ACS Survey released in 2023, Trumansburg, NY has a population of 6,650, which has decreased by -6.7% over the past 5 years. Trumansburg, NY is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 43.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,650 | -6.7% |
% Under 18 | 19.6% | -8.0% |
% Seniors | 23.4% | 23.2% |
% WFH | 12.5% | 160.4% |
% w/ College Degree | 43.5% | 11.0% |
As of the latest ACS Survey released in 2023, Trumansburg, NY is a predominantly white area, with 91.2% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Trumansburg, NY is hispanic, making up 3.4% of the population. Foreign-born residents account for 2.1% of the population in Trumansburg, NY, and this percentage has decreased by 4.5% 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 | 91.2% | -4.0% |
% Black | 0.8% | -27.3% |
% Hispanic | 3.4% | 54.5% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 2.1% | -4.5% |
Mortgage and Risk — Trumansburg, NY
According to HUD data as of 2023, there were 60 mortgage originations in Trumansburg, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Trumansburg, NY. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 3.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Trumansburg, NY
Trumansburg, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 82 |
Total Units Section 8 | 82 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,230 | $1,300 |
| 2 Bedroom | N/A | N/A | $1,520 |
| 3 Bedroom | N/A | N/A | $1,890 |
| 4 Bedroom | -$560 | $2,700 | $2,140 |
Affordability — Trumansburg, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $329,000 |
| Median Household Income | $80,400 |