Prattsburgh, NY14873

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$150,000
2.1% YoY Growth
Median Household Income
$55,000
10.0% 5-Year Growth
Days on Market
35
22.0% Shorter than last year
Home Price Forecast
-0.1%
Median Rent
$1,800
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,800
N/A

Property Listings — Prattsburgh, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Prattsburgh, NY is 35. This is a decrease of -22.0% 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 60.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$130,000-24.0%
Listing Count
10-17.0%
Listings as % of Homes0.1%-17.0%
Days on Market
35-22.0%
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Demographics — Prattsburgh, NY

As of the latest ACS Survey released in 2023, Prattsburgh, NY has a population of 1,940, which has decreased by -24.9% over the past 5 years. Prattsburgh, NY is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,940-24.9%
% Under 18
24.2%-8.7%
% Seniors
20.4%9.7%
% WFH
8.4%50.0%
% w/ College Degree
19.1%-5.9%
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As of the latest ACS Survey released in 2023, Prattsburgh, NY is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Prattsburgh, NY is asian, making up 2.4% of the population. Foreign-born residents account for 3.3% of the population in Prattsburgh, NY, and this percentage has increased by 450.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
92.0%-1.5%
% Black
0.1%-90.9%
% Hispanic
0.2%-95.1%
% Asian
2.4%242.9%
% Foreign Born
3.3%450.0%
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Mortgage and Risk — Prattsburgh, NY

According to HUD data as of 2023, there were 47 mortgage originations in Prattsburgh, NY, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Prattsburgh, NY. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
47
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
0.0%
% Second Loans
6.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Prattsburgh, NY

Prattsburgh, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
1
Total Units Section 8
1
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,140
2 BedroomN/AN/A$1,380
3 Bedroom-$20$1,800$1,780
4 BedroomN/AN/A$2,320

Affordability — Prattsburgh, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$150,000
Median Household Income$55,000

Prattsburgh, NY — ZIP Code Boundary Map

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Frequently Asked Questions