Scipio Center, NY13147

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$226,000
1.0% YoY Growth
Median Household Income
$74,900
40.4% 5-Year Growth
Days on Market
10
N/A
Home Price Forecast
1.2%
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

Property Listings — Scipio Center, NY

As of Aug '25 and according to Realtor.com, the median days on market for a home in Scipio Center, NY is 10. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$359,000N/A
Listing Count
2N/A
Listings as % of Homes0.4%N/A
Days on Market
10N/A
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Demographics — Scipio Center, NY

MetricLatest CensusYoY % Change
Population
1,040-9.1%
% Under 18
19.1%-4.5%
% Under 5N/AN/A
% Seniors
21.1%26.3%
% WFH
18.2%83.8%
% w/ College Degree
14.1%6.8%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
89.5%-2.4%
% Black
3.3%312.5%
% Hispanic
6.9%-8.0%
% Asian
0.0%N/A
% Foreign Born
8.4%35.5%
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Mortgage and Risk — Scipio Center, NY

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Scipio Center, NY in that year was 12. 92.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 65.0%. Of those, 17.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Scipio Center, NY. Investor activity in Scipio Center, NY is low, as 0.0% of all loans are originated by investors. In 2023, 0.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
12N/AN/A
% Conventional Loans
92.0%N/AN/A
% Government Loans
8.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
8.0%N/AN/A
% Cash Out Refinance
0.0%N/AN/A
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Rentals and Section 8 — Scipio Center, NY

As of 2024, the percent of homes in Scipio Center, NY under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$980
2 BedroomN/AN/A$1,260
3 BedroomN/AN/A$1,610
4 BedroomN/AN/A$1,880

Affordability — Scipio Center, NY

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.7N/AN/A
Median Home Price$226,000N/AN/A
Median Household Income$74,900N/AN/A

Scipio Center, NY — ZIP Code Boundary Map

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