Hemlock, NY—14466
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hemlock, NY
As of Oct '25, the median home price in Hemlock, NY is $276,000, with a year-over-year change of 2.1%. This indicates that home prices in Hemlock, NY are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | 2.1% |
| Single Family | $276,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | -0.4% |
3 Bed | $282,000 | 1.8% |
4 Bed | $330,000 | 3.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hemlock, NY
Hemlock, 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 — Hemlock, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Hemlock, NY is 89. This is a increase of 184.0% 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 | $295,000 | 57.0% |
Listing Count | 1 | -27.0% |
| Listings as % of Homes | 0.4% | -27.0% |
Days on Market | 89 | 184.0% |
Demographics — Hemlock, NY
As of the latest ACS Survey released in 2023, Hemlock, NY has a population of 1,660, which has increased by 11.7% over the past 5 years. Hemlock, NY is a less popular place for families, as children make up 14.4% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,660 | 11.7% |
% Under 18 | 14.4% | 10.8% |
% Seniors | 17.8% | -13.6% |
% WFH | 3.5% | 775.0% |
% w/ College Degree | 28.9% | 131.2% |
As of the latest ACS Survey released in 2023, Hemlock, NY is a predominantly white area, with 98.1% of the population identifying as white. The white population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Hemlock, NY is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Hemlock, NY, and this percentage has decreased by 100.0% 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 | 98.1% | 5.9% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Hemlock, NY
According to HUD data as of 2023, there were 33 mortgage originations in Hemlock, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Hemlock, NY. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 33 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hemlock, NY
Hemlock, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 38.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Hemlock, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $276,000 |
| Median Household Income | $102,000 |