Kerhonkson, NY—12446
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kerhonkson, NY
As of Oct '25, the median home price in Kerhonkson, NY is $393,000, with a year-over-year change of 1.7%. This indicates that home prices in Kerhonkson, NY are increasing. According to Zillow, the 1-year price projection is 4.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $393,000 | 1.7% |
| Single Family | $393,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $250,000 | -0.8% |
2 Bed | $318,000 | 1.3% |
3 Bed | $424,000 | 1.7% |
4 Bed | $531,000 | 2.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kerhonkson, NY
As of July '25, Rentcast reports the average rent in Kerhonkson, NY is $2,120, with a year-over-year rent change of -31.4%. Per bedroom, the median rent as of July '25 in Kerhonkson, NY is studios: $1,450, 1-bedrooms: $2,390, 2-bedrooms: $1,740, 3-bedrooms: $3,500. The most common rental property sizes in Kerhonkson, NY are 2-bedroom and 1-bedroom, accounting for 41.4% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $2,120 |
| Studio Rent | $1,450 | $1,450 |
| 1 Bed Rent | $1,500 | $2,390 |
| 2 Bed Rent | $1,650 | $1,740 |
| 3 Bed Rent | $3,500 | $3,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kerhonkson, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Kerhonkson, NY is 69. This is a increase of 21.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -16.0% |
Listing Count | 61 | 22.0% |
| Listings as % of Homes | 0.9% | 22.0% |
Days on Market | 69 | 21.0% |
Demographics — Kerhonkson, NY
As of the latest ACS Survey released in 2023, Kerhonkson, NY has a population of 5,230, which has increased by 6.7% over the past 5 years. Kerhonkson, NY is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 36.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,230 | 6.7% |
% Under 18 | 19.3% | -4.9% |
% Seniors | 18.2% | 2.2% |
% WFH | 18.5% | 224.6% |
% w/ College Degree | 36.1% | 66.4% |
As of the latest ACS Survey released in 2023, Kerhonkson, NY is a predominantly white area, with 80.0% of the population identifying as white. The white population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Kerhonkson, NY is hispanic, making up 13.1% of the population. Foreign-born residents account for 8.2% of the population in Kerhonkson, NY, and this percentage has decreased by 43.1% 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 | 80.0% | 1.3% |
% Black | 2.6% | -18.8% |
% Hispanic | 13.1% | 67.9% |
% Asian | 1.3% | ∞% |
% Foreign Born | 8.2% | -43.1% |
Mortgage and Risk — Kerhonkson, NY
According to HUD data as of 2023, there were 79 mortgage originations in Kerhonkson, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Kerhonkson, NY. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 79 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 18.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Kerhonkson, NY
Kerhonkson, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 9.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $1,500 | $1,180 |
| 2 Bedroom | -$110 | $1,650 | $1,540 |
| 3 Bedroom | -$1,520 | $3,500 | $1,980 |
| 4 Bedroom | N/A | N/A | $2,220 |
Affordability — Kerhonkson, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $393,000 |
| Median Household Income | $83,300 |