Ontario, NY—14519
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ontario, NY
As of Oct '25, the median home price in Ontario, NY is $330,000, with a year-over-year change of 4.2%. This indicates that home prices in Ontario, NY are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $330,000 | 4.2% |
| Single Family | $330,000 | 3.8% |
| 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 | 4.6% |
3 Bed | $320,000 | 3.6% |
4 Bed | $381,000 | 4.4% |
| 5 Bed | $420,000 | 5.5% |
% of Housing Stock
Rental Trends — Ontario, NY
As of July '25, Rentcast reports the average rent in Ontario, NY is $2,140, with a year-over-year rent change of 20.9%. Per bedroom, the median rent as of July '25 in Ontario, NY is 1-bedrooms: $1,320, 2-bedrooms: $2,360, 3-bedrooms: $2,250, 4-bedrooms: $2,400. The most common rental property sizes in Ontario, NY are 2-bedroom and 1-bedroom, accounting for 50.1% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,320 |
| 2 Bed Rent | $2,400 | $2,360 |
| 3 Bed Rent | $2,050 | $2,250 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Ontario, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ontario, NY is 27. This is a decrease of -69.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | 10.0% |
Listing Count | 33 | -16.0% |
| Listings as % of Homes | 0.2% | -16.0% |
Days on Market | 27 | -69.0% |
Demographics — Ontario, NY
As of the latest ACS Survey released in 2023, Ontario, NY has a population of 12,500, which has increased by 6.1% over the past 5 years. Ontario, NY is a moderately popular place for families, as children make up 23.0% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,500 | 6.1% |
% Under 18 | 23.0% | 15.6% |
% Seniors | 20.2% | 17.4% |
% WFH | 9.7% | 273.1% |
% w/ College Degree | 34.0% | 26.4% |
As of the latest ACS Survey released in 2023, Ontario, NY is a predominantly white area, with 91.1% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Ontario, NY is hispanic, making up 2.0% of the population. Foreign-born residents account for 2.1% of the population in Ontario, NY, and this percentage has decreased by 22.2% 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 | 91.1% | -3.7% |
% Black | 1.4% | 0.0% |
% Hispanic | 2.0% | 53.8% |
% Asian | 0.4% | -60.0% |
% Foreign Born | 2.1% | -22.2% |
Mortgage and Risk — Ontario, NY
According to HUD data as of 2023, there were 241 mortgage originations in Ontario, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Ontario, NY. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 241 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Ontario, NY
As of 2024, the percent of homes in Ontario, NY under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ontario, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 72 |
Total Units Section 8 | 72 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 94.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $1,150 | $1,090 |
| 2 Bedroom | -$1,040 | $2,400 | $1,360 |
| 3 Bedroom | -$410 | $2,050 | $1,640 |
| 4 Bedroom | -$600 | $2,400 | $1,800 |
Affordability — Ontario, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $330,000 |
| Median Household Income | $91,300 |