Springwater, NY—14560
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Springwater, NY
As of Oct '25, the median home price in Springwater, NY is $211,000, with a year-over-year change of 1.3%. This indicates that home prices in Springwater, NY are increasing. 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 | $211,000 | 1.3% |
| Single Family | $211,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $200,000 | 0.5% |
3 Bed | $242,000 | 1.7% |
4 Bed | $275,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Springwater, NY
Springwater, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Springwater, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Springwater, NY is 53. This is a increase of 51.0% 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 | $278,000 | 6.0% |
Listing Count | 10 | 58.0% |
| Listings as % of Homes | 0.2% | 58.0% |
Days on Market | 53 | 51.0% |
Demographics — Springwater, NY
As of the latest ACS Survey released in 2023, Springwater, NY has a population of 2,390, which has increased by 11.7% over the past 5 years. Springwater, NY is a moderately popular place for families, as children make up 17.3% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,390 | 11.7% |
% Under 18 | 17.3% | -20.3% |
% Seniors | 16.8% | -12.5% |
% WFH | 5.9% | 43.9% |
% w/ College Degree | 26.7% | -0.4% |
As of the latest ACS Survey released in 2023, Springwater, NY is a predominantly white area, with 89.1% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Springwater, NY is hispanic, making up 3.3% of the population. Foreign-born residents account for 0.9% of the population in Springwater, NY, and this percentage has increased by 12.5% 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 | 89.1% | -9.6% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.3% | 266.7% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.9% | 12.5% |
Mortgage and Risk — Springwater, NY
According to HUD data as of 2023, there were 76 mortgage originations in Springwater, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Springwater, NY. Investor activity is low, as 1.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 76 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Springwater, NY
Springwater, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | N/A | N/A | $1,410 |
| 3 Bedroom | -$100 | $1,800 | $1,700 |
| 4 Bedroom | N/A | N/A | $1,870 |
Affordability — Springwater, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $211,000 |
| Median Household Income | $74,300 |