Millwood, NY—10546
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millwood, NY
As of Oct '25, the median home price in Millwood, NY is $917,000, with a year-over-year change of 1.9%. This indicates that home prices in Millwood, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $917,000 | 1.9% |
| Single Family | $976,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millwood, NY
As of July '25, Rentcast reports the average rent in Millwood, NY is $5,000, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Millwood, NY is 1-bedrooms: $2,000, 2-bedrooms: $5,370, 3-bedrooms: $7,500, 4-bedrooms: $4,520. The most common rental property sizes in Millwood, NY are 3-bedroom and 2-bedroom, accounting for 61.2% and 38.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,800 | $5,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | $5,600 | $5,370 |
| 3 Bed Rent | $7,500 | $7,500 |
| 4 Bed Rent | $4,250 | $4,520 |
% of Rental Stock
Property Listings — Millwood, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Millwood, NY is 37. This is a increase of 159.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $795,000 | -5.0% |
Listing Count | 7 | 243.0% |
| Listings as % of Homes | 0.2% | 243.0% |
Days on Market | 37 | 159.0% |
Demographics — Millwood, NY
As of the latest ACS Survey released in 2023, Millwood, NY has a population of 1,230, which has decreased by -17.8% over the past 5 years. Millwood, NY is a moderately popular place for families, as children make up 21.1% of the population. The area has a highly educated workforce, with 88.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,230 | -17.8% |
% Under 18 | 21.1% | -17.9% |
% Seniors | 15.1% | -15.2% |
% WFH | 18.3% | 510.0% |
% w/ College Degree | 88.6% | 19.2% |
As of the latest ACS Survey released in 2023, Millwood, NY is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Millwood, NY is asian, making up 16.8% of the population. Foreign-born residents account for 15.1% of the population in Millwood, NY, and this percentage has decreased by 10.1% 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 | 69.5% | -7.0% |
% Black | 0.2% | -33.3% |
% Hispanic | 11.1% | 4.7% |
% Asian | 16.8% | 44.8% |
% Foreign Born | 15.1% | -10.1% |
Mortgage and Risk — Millwood, NY
Millwood, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Loan Activity
No data available
Rentals and Section 8 — Millwood, NY
As of 2024, the percent of homes in Millwood, NY under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Millwood, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,060 | $2,000 | $3,060 |
| 2 Bedroom | -$2,210 | $5,600 | $3,390 |
| 3 Bedroom | -$3,270 | $7,500 | $4,230 |
| 4 Bedroom | $310 | $4,250 | $4,560 |
Affordability — Millwood, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $917,000 |
| Median Household Income | $213,000 |