Dobbs Ferry, NY10522

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$931,000
2.9% YoY Growth
Median Household Income
$168,000
21.3% 5-Year Growth
Days on Market
90
95.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$3,250
14.9% YoY Growth
1-Bed Rent
$2,500
9.8% YoY Growth
2-Bed Rent
$3,000
10.7% YoY Growth
3-Bed Rent
$4,950
3.8% YoY Growth

Property Listings — Dobbs Ferry, NY

As of Aug '25 and according to Realtor.com, the median days on market for a home in Dobbs Ferry, NY is 90. This is an increase of 95.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,250,0002.0%
Listing Count
33N/A
Listings as % of Homes0.1%N/A
Days on Market
9095.0%
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Demographics — Dobbs Ferry, NY

MetricLatest CensusYoY % Change
Population
11,5004.0%
% Under 18
23.7%7.7%
% Under 5N/AN/A
% Seniors
16.9%13.4%
% WFH
22.8%406.7%
% w/ College Degree
67.1%8.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.3%-6.2%
% Black
3.5%-47.8%
% Hispanic
12.1%27.4%
% Asian
10.5%45.8%
% Foreign Born
20.6%25.6%
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Mortgage and Risk — Dobbs Ferry, NY

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Dobbs Ferry, NY in that year was 103. 100.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 56.0%. Of those, 5.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Dobbs Ferry, NY. Investor activity in Dobbs Ferry, NY is low, as 1.0% of all loans are originated by investors. In 2023, 8.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
103N/AN/A
% Conventional Loans
100.0%N/AN/A
% Government Loans
0.0%N/AN/A
% Investor Loans
1.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
8.0%N/AN/A
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Rentals and Section 8 — Dobbs Ferry, NY

As of 2024, the percent of homes in Dobbs Ferry, NY under the Section 8 program is 1.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
23
Total Units Section 8
23
% Rentals under Section 8
1.4%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$540$2,500$3,040
2 Bedroom$370$3,000$3,370
3 Bedroom-$750$4,950$4,200
4 Bedroom-$2,370$6,900$4,530

Affordability — Dobbs Ferry, NY

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio4.9N/AN/A
Median Home Price$931,000N/AN/A
Median Household Income$168,000N/AN/A

Dobbs Ferry, NY — ZIP Code Boundary Map

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