Fredonia, NY—14063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fredonia, NY
As of Nov '25, the median home price in Fredonia, NY is $206,000, with a year-over-year change of 5.1%. This indicates that home prices in Fredonia, NY are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 5.1% |
| Single Family | $206,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 4.9% |
3 Bed | $207,000 | 5.1% |
4 Bed | $231,000 | 5.5% |
| 5 Bed | $244,156 | 3.9% |
% of Housing Stock
Rental Trends — Fredonia, NY
As of July '25, Rentcast reports the average rent in Fredonia, NY is $1,470, with a year-over-year rent change of -26.5%. Per bedroom, the median rent as of July '25 in Fredonia, NY is 2-bedrooms: $1,360, 3-bedrooms: $1,500, 4-bedrooms: $1,650. The most common rental property sizes in Fredonia, NY are 2-bedroom and 1-bedroom, accounting for 42.2% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,360 |
| 3 Bed Rent | $1,200 | $1,500 |
| 4 Bed Rent | $1,500 | $1,650 |
% of Rental Stock
Property Listings — Fredonia, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Fredonia, NY is 60. This is a decrease of -4.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | 9.0% |
Listing Count | 54 | 39.0% |
| Listings as % of Homes | 0.4% | 39.0% |
Days on Market | 60 | -4.0% |
Demographics — Fredonia, NY
As of the latest ACS Survey released in 2023, Fredonia, NY has a population of 12,700, which has decreased by -13.3% over the past 5 years. Fredonia, NY is a less popular place for families, as children make up 13.5% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,700 | -13.3% |
% Under 18 | 13.5% | -24.2% |
% Seniors | 23.9% | 59.3% |
% WFH | 8.7% | 61.1% |
% w/ College Degree | 40.1% | 1.0% |
As of the latest ACS Survey released in 2023, Fredonia, NY is a predominantly white area, with 82.8% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Fredonia, NY is hispanic, making up 7.6% of the population. Foreign-born residents account for 3.6% of the population in Fredonia, NY, and this percentage has decreased by 5.3% 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 | 82.8% | -3.6% |
% Black | 3.9% | 25.8% |
% Hispanic | 7.6% | 2.7% |
% Asian | 2.3% | 130.0% |
% Foreign Born | 3.6% | -5.3% |
Mortgage and Risk — Fredonia, NY
According to HUD data as of 2023, there were 145 mortgage originations in Fredonia, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Fredonia, NY. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 145 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 5.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Fredonia, NY
Fredonia, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 303 |
Total Units Section 8 | 249 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | -$150 | $1,200 | $1,050 |
| 3 Bedroom | $160 | $1,200 | $1,360 |
| 4 Bedroom | -$110 | $1,500 | $1,390 |
Affordability — Fredonia, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $206,000 |
| Median Household Income | $55,600 |