Horseheads, NY—14845
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Horseheads, NY
As of Nov '25, the median home price in Horseheads, NY is $212,000, with a year-over-year change of 1.8%. This indicates that home prices in Horseheads, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $212,000 | 1.8% |
| Single Family | $212,000 | 1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $141,000 | 2.2% |
3 Bed | $199,000 | 2.1% |
4 Bed | $283,000 | 2.2% |
| 5 Bed | $350,754 | 0.9% |
% of Housing Stock
Rental Trends — Horseheads, NY
As of July '25, Rentcast reports the average rent in Horseheads, NY is $1,320, with a year-over-year rent change of -19.0%. Per bedroom, the median rent as of July '25 in Horseheads, NY is 1-bedrooms: $844, 2-bedrooms: $1,280, 3-bedrooms: $1,820. The most common rental property sizes in Horseheads, NY are 2-bedroom and 1-bedroom, accounting for 52.4% and 25.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,060 | $1,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $844 |
| 2 Bed Rent | $1,250 | $1,280 |
| 3 Bed Rent | $1,800 | $1,820 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Horseheads, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Horseheads, NY is 66. This is a increase of 47.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | 13.0% |
Listing Count | 106 | 25.0% |
| Listings as % of Homes | 0.7% | 25.0% |
Days on Market | 66 | 47.0% |
Demographics — Horseheads, NY
As of the latest ACS Survey released in 2023, Horseheads, NY has a population of 20,600, which has remained stable by 0.5% over the past 5 years. Horseheads, NY is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 35.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,600 | 0.5% |
% Under 18 | 20.1% | -4.7% |
% Seniors | 22.2% | -2.2% |
% WFH | 7.1% | 373.3% |
% w/ College Degree | 35.1% | 7.3% |
As of the latest ACS Survey released in 2023, Horseheads, NY is a predominantly white area, with 89.6% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Horseheads, NY is asian, making up 2.5% of the population. Foreign-born residents account for 5.8% of the population in Horseheads, NY, and this percentage has increased by 16.0% 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 | 89.6% | 0.2% |
% Black | 2.1% | -8.7% |
% Hispanic | 2.1% | 16.7% |
% Asian | 2.5% | -45.7% |
% Foreign Born | 5.8% | 16.0% |
Mortgage and Risk — Horseheads, NY
According to HUD data as of 2023, there were 409 mortgage originations in Horseheads, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Horseheads, NY. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 409 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Rentals and Section 8 — Horseheads, NY
Horseheads, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 91 |
Total Units Section 8 | 91 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $850 | $1,110 |
| 2 Bedroom | $210 | $1,250 | $1,460 |
| 3 Bedroom | $50 | $1,800 | $1,850 |
| 4 Bedroom | N/A | N/A | $1,960 |
Affordability — Horseheads, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $212,000 |
| Median Household Income | $76,600 |