ZIP Code 14560 Housing Market

📝 Local Market Notes

The housing market in ZIP code 14560, located in Livingston County, New York, exhibits a volatile price trajectory over the past five years. The Home Price Index (HPI) rose from 197.62 in 2021 to a peak of 235.3 in 2023, followed by a sharp correction to 222.92 in 2024. However, the most recent data for 2025 indicates a dramatic surge to 309.85. This pattern suggests significant instability, with a recent year-on-year appreciation of 38.99% that far outpaces the broader regional trends. Such a steep increase in a short period often reflects limited inventory or specific localized demand spikes rather than sustained, steady growth. This performance demonstrates a stark divergence from both the county and state averages. While Livingston County recorded a year-over-year increase of 10.75% and New York State grew by 3.55%, ZIP 14560’s 38.99% gain signals a sub-market operating under distinct pressures. The neighboring ZIP 14510 also shows high volatility with a 51.70% increase, suggesting a regional dynamic, but 14560’s HPI level of 309.85 remains notably higher than nearby peers like 14414 at 231.5. This divergence implies that 14560 may be experiencing a unique supply constraint or a shift in buyer demographics that is not yet fully reflected in the wider county statistics. Characterizing the sub-market requires balancing the high HPI against the county’s median home value of $174,600. Despite the index surge, the underlying county data indicates an affordable market with a median household income of $74,001 and a median gross rent of $931. The 76.3% owner-occupancy rate suggests a stable residential base, yet the recent price acceleration challenges the affordability narrative. For prospective buyers, the current environment is defined by rapid appreciation and high volatility. The combination of a 7.40% mortgage rate and a 38.99% price jump creates a challenging entry point, as the cost of capital significantly impacts purchasing power. Residents should note that while the area remains fundamentally affordable compared to state averages, the recent pricing behavior suggests a competitive and rapidly shifting market landscape.

Based on FHFA House Price Index data.