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Palenville CDP, NY

ZIP 12463 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 12463

Median Home Value
$246,900
Median Rent
$903
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,586/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

22.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 12463 in Palenville CDP, NY, a household would need roughly $68,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,586. That is about 48% above the local median household income ($45,993), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics

Historic housing stock (23% built before 1939)

Owner Occupied
77.2%+18% vs US avg
x
Vacancy Rate
11.9%+15% vs US avg
x
Broadband Access
74.0%-15% vs US avg
x
4+ Bedrooms
6.8%-54% vs US avg
x
Built Pre-1939
23.0%+80% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
27.7%-44% vs US avg
x
Mortgage-Free
51.7%+35% vs US avg
x
$246,900
Home Value
$903
Rent
1947
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.6%
  • 1-unit attached0.0%
  • 2-9 units10.5%
  • 10+ units5.0%
  • Mobile home & other8.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$246,900
Median rent$903
Owner-occupied77.2%
Vacant11.9%
Price-to-income5.4x
Est. income to buy$68,000