Bemus Point, NY—14712
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bemus Point, NY
As of Nov '25, the median home price in Bemus Point, NY is $331,000, with a year-over-year change of 3.2%. This indicates that home prices in Bemus Point, NY are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | 3.2% |
| Single Family | $328,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 2.3% |
3 Bed | $333,000 | 2.8% |
4 Bed | $424,000 | 3.4% |
| 5 Bed | $628,562 | 4.5% |
% of Housing Stock
Rental Trends — Bemus Point, NY
As of July '25, Rentcast reports the average rent in Bemus Point, NY is $1,350, with a year-over-year rent change of 58.8%. Per bedroom, the median rent as of July '25 in Bemus Point, NY is 2-bedrooms: $1,350. The most common rental property sizes in Bemus Point, NY are 1-bedroom and 2-bedroom, accounting for 37.9% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bemus Point, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Bemus Point, NY is 86. This is a increase of 13.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $447,000 | -22.0% |
Listing Count | 23 | 66.0% |
| Listings as % of Homes | 0.4% | 66.0% |
Days on Market | 86 | 13.0% |
Demographics — Bemus Point, NY
As of the latest ACS Survey released in 2023, Bemus Point, NY has a population of 3,080, which has decreased by -3.1% over the past 5 years. Bemus Point, NY is a less popular place for families, as children make up 14.1% of the population. The area has a moderately educated workforce, with 29.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,080 | -3.1% |
% Under 18 | 14.1% | -31.6% |
% Seniors | 35.6% | 86.4% |
% WFH | 3.9% | 5.4% |
% w/ College Degree | 29.6% | -20.0% |
As of the latest ACS Survey released in 2023, Bemus Point, NY is a predominantly white area, with 95.2% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Bemus Point, NY is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.6% of the population in Bemus Point, NY, and this percentage has increased by 200.0% 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 | 95.2% | -3.4% |
% Black | 0.1% | -90.0% |
% Hispanic | 1.5% | 400.0% |
% Asian | 0.3% | ∞% |
% Foreign Born | 0.6% | 200.0% |
Mortgage and Risk — Bemus Point, NY
According to HUD data as of 2023, there were 58 mortgage originations in Bemus Point, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Bemus Point, NY. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 3.0% |
% Second Loans | 24.0% |
% Cash Out Refinance | 9.0% |
Rentals and Section 8 — Bemus Point, NY
Bemus Point, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 22 |
Total Units Section 8 | 22 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | -$360 | $1,350 | $990 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Bemus Point, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $331,000 |
| Median Household Income | $77,400 |