Copake, NY—12516
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Copake, NY
Home Price Trends — Copake, NY
As of Oct '25, the median home price in Copake, NY is $448,000, with a year-over-year change of 1.1%. This indicates that home prices in Copake, NY are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $448,000 | 1.1% |
| Single Family | $447,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $317,000 | -2.2% |
3 Bed | $467,000 | 1.1% |
4 Bed | $645,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Copake, NY
As of July '25, Rentcast reports the average rent in Copake, NY is $2,460, with a year-over-year rent change of -23.4%. Per bedroom, the median rent as of July '25 in Copake, NY is 2-bedrooms: $2,410, 3-bedrooms: $2,200, 4-bedrooms: $2,900. The most common rental property sizes in Copake, NY are 2-bedroom and 3-bedroom, accounting for 49.3% and 42.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,950 | $2,410 |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Copake, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Copake, NY is 60. This is a decrease of -19.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $715,000 | -23.0% |
Listing Count | 23 | -10.0% |
| Listings as % of Homes | 1.3% | -10.0% |
Days on Market | 60 | -19.0% |
Demographics — Copake, NY
As of the latest ACS Survey released in 2023, Copake, NY has a population of 1,750, which has increased by 6.6% over the past 5 years. Copake, NY is a less popular place for families, as children make up 7.3% of the population. The area has a moderately educated workforce, with 33.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,750 | 6.6% |
% Under 18 | 7.3% | -54.9% |
% Seniors | 31.2% | 39.9% |
% WFH | 7.5% | 257.1% |
% w/ College Degree | 33.6% | 16.3% |
As of the latest ACS Survey released in 2023, Copake, NY is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Copake, NY is hispanic, making up 3.2% of the population. Foreign-born residents account for 6.6% of the population in Copake, NY, and this percentage has increased by 22.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.6% | -2.3% |
% Black | 1.3% | ∞% |
% Hispanic | 3.2% | 23.1% |
% Asian | 1.0% | -37.5% |
% Foreign Born | 6.6% | 22.2% |
Mortgage and Risk — Copake, NY
According to HUD data as of 2023, there were 69 mortgage originations in Copake, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Copake, NY. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 69 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 20.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Copake, NY
Copake, 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 Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,240 |
| 2 Bedroom | -$520 | $1,950 | $1,430 |
| 3 Bedroom | -$450 | $2,200 | $1,750 |
| 4 Bedroom | -$990 | $2,900 | $1,910 |
Affordability — Copake, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $448,000 |
| Median Household Income | $127,000 |