South Wales, NY—14139
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Wales, NY
As of Oct '25, the median home price in South Wales, NY is $348,000, with a year-over-year change of 0.7%. This indicates that home prices in South Wales, NY are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $348,000 | 0.7% |
| Single Family | $348,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $255,000 | 2.4% |
3 Bed | $355,000 | 1.1% |
4 Bed | $395,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Wales, NY
As of July '25, Rentcast reports the average rent in South Wales, NY is $3,300, with a year-over-year rent change of 94.1%. Per bedroom, the median rent as of July '25 in South Wales, NY is 2-bedrooms: $3,300. The most common rental property sizes in South Wales, NY are 3-bedroom and 1-bedroom, accounting for 58.1% and 17.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,300 | $3,300 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — South Wales, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in South Wales, NY is 48. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $475,000 | 62.0% |
Listing Count | 11 | -14.0% |
| Listings as % of Homes | 0.2% | -14.0% |
Days on Market | 48 | 27.0% |
Demographics — South Wales, NY
As of the latest ACS Survey released in 2023, South Wales, NY has a population of 2,090, which has decreased by -14.2% over the past 5 years. South Wales, NY is a popular place for families, as children make up 28.2% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,090 | -14.2% |
% Under 18 | 28.2% | 0.7% |
% Seniors | 16.4% | 21.5% |
% WFH | 8.3% | 295.2% |
% w/ College Degree | 29.3% | -15.3% |
As of the latest ACS Survey released in 2023, South Wales, NY is a predominantly white area, with 95.5% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in South Wales, NY is black, making up 1.2% of the population. Foreign-born residents account for 0.5% of the population in South Wales, NY, and this percentage has decreased by 80.8% 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 | 95.5% | 2.1% |
% Black | 1.2% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -80.8% |
Mortgage and Risk — South Wales, NY
According to HUD data as of 2023, there were 53 mortgage originations in South Wales, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in South Wales, NY. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — South Wales, NY
South Wales, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$2,250 | $3,300 | $1,050 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — South Wales, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $348,000 |
| Median Household Income | $78,300 |