Theresa, NY—13691
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Theresa, NY
As of Oct '25, the median home price in Theresa, NY is $201,000, with a year-over-year change of -0.9%. This indicates that home prices in Theresa, NY are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $201,000 | -0.9% |
| Single Family | $201,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | 0.0% |
3 Bed | $220,000 | -0.9% |
4 Bed | $242,000 | -1.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Theresa, NY
Theresa, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Theresa, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Theresa, NY is 79. This is a decrease of -33.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | 37.0% |
Listing Count | 15 | -14.0% |
| Listings as % of Homes | 0.7% | -14.0% |
Days on Market | 79 | -33.0% |
Demographics — Theresa, NY
As of the latest ACS Survey released in 2023, Theresa, NY has a population of 3,170, which has increased by 10.2% over the past 5 years. Theresa, NY is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,170 | 10.2% |
% Under 18 | 23.7% | -7.1% |
% Seniors | 10.4% | -18.8% |
% WFH | 7.4% | 516.7% |
% w/ College Degree | 15.2% | 1.3% |
As of the latest ACS Survey released in 2023, Theresa, NY is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 11.6% in the last 5 years. The second most common race or ethnicity in Theresa, NY is asian, making up 2.5% of the population. Foreign-born residents account for 1.8% of the population in Theresa, NY, and this percentage has decreased by 10.0% 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 | 82.0% | -11.6% |
% Black | 0.9% | 12.5% |
% Hispanic | 2.0% | -41.2% |
% Asian | 2.5% | 525.0% |
% Foreign Born | 1.8% | -10.0% |
Mortgage and Risk — Theresa, NY
According to HUD data as of 2023, there were 58 mortgage originations in Theresa, NY, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Theresa, NY. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Theresa, NY
Theresa, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,660 |
| 4 Bedroom | N/A | N/A | $2,010 |
Affordability — Theresa, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $201,000 |
| Median Household Income | $75,800 |