Gasport, NY—14067
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gasport, NY
As of Oct '25, the median home price in Gasport, NY is $246,000, with a year-over-year change of 6.5%. This indicates that home prices in Gasport, NY are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $246,000 | 6.5% |
| Single Family | $245,000 | 7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $196,000 | 6.5% |
3 Bed | $250,000 | 6.8% |
4 Bed | $282,000 | 8.0% |
| 5 Bed | $298,000 | 6.4% |
% of Housing Stock
Rental Trends — Gasport, NY
As of July '25, Rentcast reports the average rent in Gasport, NY is $1,070, with a year-over-year rent change of 12.6%. Per bedroom, the median rent as of July '25 in Gasport, NY is 2-bedrooms: $875, 4-bedrooms: $1,150. The most common rental property sizes in Gasport, NY are 2-bedroom and 4-bedroom, accounting for 76.8% and 11.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $875 | $875 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,150 | $1,150 |
% of Rental Stock
Property Listings — Gasport, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Gasport, NY is 33. This is a decrease of -17.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $330,000 | 6.0% |
Listing Count | 12 | -12.0% |
| Listings as % of Homes | 0.8% | -12.0% |
Days on Market | 33 | -17.0% |
Demographics — Gasport, NY
As of the latest ACS Survey released in 2023, Gasport, NY has a population of 4,060, which has decreased by -23.7% over the past 5 years. Gasport, NY is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,060 | -23.7% |
% Under 18 | 20.4% | -10.9% |
% Seniors | 16.3% | -2.4% |
% WFH | 4.6% | 2.2% |
% w/ College Degree | 28.0% | 65.7% |
As of the latest ACS Survey released in 2023, Gasport, NY is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 0.1% in the last 5 years. The second most common race or ethnicity in Gasport, NY is black, making up 2.8% of the population. Foreign-born residents account for 1.3% of the population in Gasport, NY, and this percentage has decreased by 35.0% 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 | 93.5% | -0.1% |
% Black | 2.8% | 133.3% |
% Hispanic | 2.1% | -22.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.3% | -35.0% |
Mortgage and Risk — Gasport, NY
According to HUD data as of 2023, there were 175 mortgage originations in Gasport, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Gasport, NY. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 175 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Gasport, NY
Gasport, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,080 |
| 2 Bedroom | $395 | $875 | $1,270 |
| 3 Bedroom | N/A | N/A | $1,550 |
| 4 Bedroom | $610 | $1,150 | $1,760 |
Affordability — Gasport, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $246,000 |
| Median Household Income | $90,600 |