Modena, NY—12548
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Modena, NY
As of Oct '25, the median home price in Modena, NY is $450,000, with a year-over-year change of 2.1%. This indicates that home prices in Modena, NY are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $450,000 | 2.1% |
| Single Family | $450,000 | 1.8% |
| 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 | $438,000 | 1.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Modena, NY
As of July '25, Rentcast reports the average rent in Modena, NY is $2,120, with a year-over-year rent change of -10.9%. Per bedroom, the median rent as of July '25 in Modena, NY is 2-bedrooms: $2,120. The most common rental property sizes in Modena, NY are 4-bedroom and studio, accounting for 39.7% and 36.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,650 | $2,120 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Modena, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Modena, NY is 94. This is a increase of 67.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | -20.0% |
Listing Count | 6 | 162.0% |
| Listings as % of Homes | 0.3% | 162.0% |
Days on Market | 94 | 67.0% |
Demographics — Modena, NY
As of the latest ACS Survey released in 2023, Modena, NY has a population of 1,040, which has decreased by -14.3% over the past 5 years. Modena, NY is a moderately popular place for families, as children make up 17.4% of the population. The area has a moderately educated workforce, with 44.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,040 | -14.3% |
% Under 18 | 17.4% | 39.2% |
% Seniors | 25.8% | 46.6% |
% WFH | 8.0% | ∞% |
% w/ College Degree | 44.8% | 92.3% |
As of the latest ACS Survey released in 2023, Modena, NY is a predominantly white area, with 84.4% of the population identifying as white. The white population has grown by 13.1% in the last 5 years. The second most common race or ethnicity in Modena, NY is hispanic, making up 12.9% of the population. Foreign-born residents account for 2.6% of the population in Modena, NY, and this percentage has decreased by 79.7% 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 | 84.4% | 13.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 12.9% | 0.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.6% | -79.7% |
Mortgage and Risk — Modena, NY
Modena, 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 — Modena, NY
Modena, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 6.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,440 |
| 2 Bedroom | $240 | $1,650 | $1,890 |
| 3 Bedroom | N/A | N/A | $2,390 |
| 4 Bedroom | N/A | N/A | $2,590 |
Affordability — Modena, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $450,000 |
| Median Household Income | $114,000 |