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Locke, NY—13092

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$228,000
0.3% YoY Growth
Household Income
$64,500
9.0% YoY Growth
Days on Market
57
42.0% Shorter YoY
Home Price Forecast
1.7%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Locke, NY

As of Dec '25, the median home price in Locke, NY is $228,000, with a year-over-year change of -0.3%. This indicates that home prices in Locke, NY are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$228,000-0.3%
Single Family $228,000-0.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$193,000-3.5%
    3 Bed
    		$228,0000.0%
    4 Bed
    		$273,0002.6%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    3.0%
    2 Bedrooms
    27.4%
    3 Bedrooms
    42.7%
    4 Bedrooms
    20.0%
    5+ Bedrooms
    6.1%

    Rental Trends — Locke, NY

    Locke, NY lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    2.2%
    2 Bedrooms
    44.1%
    3 Bedrooms
    26.8%
    4 Bedrooms
    15.1%
    5+ Bedrooms
    11.7%

    Property Listings — Locke, NY

    As of Dec '25, Realtor.com reports that the median days on market for a home in Locke, NY is 71. This is a decrease of -7.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$262,0007.0%
    Listing Count
    		7-4.0%
    Listings as % of Homes0.3%-4.0%
    Days on Market
    		57-42.0%
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    Demographics — Locke, NY

    As of the latest ACS Survey released in 2023, Locke, NY has a population of 2,710, which has increased by 9.2% over the past 5 years. Locke, NY is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,7109.2%
    % Under 18
    		29.5%41.8%
    % Seniors
    		13.6%-1.4%
    % WFH
    		6.9%97.1%
    % w/ College Degree
    		18.8%2.2%
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    As of the latest ACS Survey released in 2023, Locke, NY is a predominantly white area, with 83.0% of the population identifying as white. The white population has shrunk by 12.3% in the last 5 years. The second most common race or ethnicity in Locke, NY is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.6% of the population in Locke, NY, and this percentage has decreased by 11.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		83.0%-12.3%
    % Black
    		1.4%1,300.0%
    % Hispanic
    		2.5%-50.0%
    % Asian
    		2.1%∞%
    % Foreign Born
    		1.6%-11.1%
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    Mortgage and Risk — Locke, NY

    According to HUD data as of 2023, there were 65 mortgage originations in Locke, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Locke, NY. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		65
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		6.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Locke, NY

    Locke, NY lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		2
    Total Units Section 8
    		2
    % Rentals under Section 8
    		1.1%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,300
    2 BedroomN/AN/A$1,500
    3 BedroomN/AN/A$1,860
    4 BedroomN/AN/A$2,010

    Affordability — Locke, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$228,000
    Median Household Income$64,500

    Locke, NY — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Groton, NY

    13073

    Moravia, NY

    13118

    Genoa, NY

    13071

    Lansing, NY

    14882

    Freeville, NY

    13068

    Frequently Asked Questions