Granite Springs, NY10527

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$868,000
4.6% YoY Growth
Household Income
$220,000
36.0% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
1.8%
Median Rent
$2,600
30.0% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,600
30.0% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Granite Springs, NY

Granite Springs, NY lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes1.0%N/A
Days on Market
N/AN/A
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Demographics — Granite Springs, NY

As of the latest ACS Survey released in 2023, Granite Springs, NY has a population of 587, which has decreased by -24.2% over the past 5 years. Granite Springs, NY is a popular place for families, as children make up 29.8% of the population. The area has a highly educated workforce, with 78.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
587-24.2%
% Under 18
29.8%20.2%
% Seniors
14.7%-27.9%
% WFH
33.5%597.9%
% w/ College Degree
78.8%14.2%
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As of the latest ACS Survey released in 2023, Granite Springs, NY is a predominantly white area, with 76.3% of the population identifying as white. The white population has shrunk by 22.6% in the last 5 years. The second most common race or ethnicity in Granite Springs, NY is hispanic, making up 20.4% of the population. Foreign-born residents account for 14.0% of the population in Granite Springs, NY, and this percentage has increased by 418.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
76.3%-22.6%
% Black
8.7%866.7%
% Hispanic
20.4%∞%
% Asian
0.0%-100.0%
% Foreign Born
14.0%418.5%
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Mortgage and Risk — Granite Springs, NY

Granite Springs, NY lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A
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Rentals and Section 8 — Granite Springs, NY

Granite Springs, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

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

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$2,930
2 Bedroom$640$2,600$3,240
3 BedroomN/AN/A$4,040
4 BedroomN/AN/A$4,360

Affordability — Granite Springs, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$868,000
Median Household Income$220,000

Granite Springs, NY — ZIP Code Boundary Map

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Frequently Asked Questions