Bloomfield, NY—14469
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bloomfield, NY
As of Oct '25, the median home price in Bloomfield, NY is $313,000, with a year-over-year change of 6.2%. This indicates that home prices in Bloomfield, 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 | $313,000 | 6.2% |
| Single Family | $312,000 | 5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $251,000 | 5.5% |
3 Bed | $308,000 | 5.1% |
4 Bed | $360,000 | 7.5% |
| 5 Bed | $403,000 | 9.2% |
% of Housing Stock
Rental Trends — Bloomfield, NY
As of July '25, Rentcast reports the average rent in Bloomfield, NY is $1,650, with a year-over-year rent change of -28.3%. Per bedroom, the median rent as of July '25 in Bloomfield, NY is 2-bedrooms: $1,650. The most common rental property sizes in Bloomfield, NY are 2-bedroom and studio, accounting for 57.5% and 17.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,650 | $1,650 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bloomfield, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Bloomfield, NY is 41. This is a increase of 23.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 0.0% |
Listing Count | 17 | 35.0% |
| Listings as % of Homes | 0.1% | 35.0% |
Days on Market | 41 | 23.0% |
Demographics — Bloomfield, NY
As of the latest ACS Survey released in 2023, Bloomfield, NY has a population of 5,790, which has decreased by -4.6% over the past 5 years. Bloomfield, NY is a moderately popular place for families, as children make up 17.0% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,790 | -4.6% |
% Under 18 | 17.0% | -10.5% |
% Seniors | 23.6% | 11.8% |
% WFH | 11.2% | 133.3% |
% w/ College Degree | 28.2% | 4.8% |
As of the latest ACS Survey released in 2023, Bloomfield, NY is a predominantly white area, with 97.1% 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 Bloomfield, NY is hispanic, making up 0.8% of the population. Foreign-born residents account for 1.8% of the population in Bloomfield, NY, and this percentage has increased by 80.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.1% | -0.1% |
% Black | 0.1% | -85.7% |
% Hispanic | 0.8% | -52.9% |
% Asian | 0.2% | ∞% |
% Foreign Born | 1.8% | 80.0% |
Mortgage and Risk — Bloomfield, NY
According to HUD data as of 2023, there were 99 mortgage originations in Bloomfield, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Bloomfield, NY. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 99 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Bloomfield, NY
Bloomfield, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 6.1% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $950 |
| 2 Bedroom | -$470 | $1,650 | $1,180 |
| 3 Bedroom | N/A | N/A | $1,430 |
| 4 Bedroom | N/A | N/A | $1,570 |
Affordability — Bloomfield, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $313,000 |
| Median Household Income | $70,900 |