Real Estate Investing in Paul Smiths, New York

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,022 • Franklin County

☆ Watch this market Free account

Should you buy in Paul Smiths, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
3 flags
  • High vacancy: 56.5% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • Higher unemployment: 7.5% unemployment — tenant risk signal.

What’s happening in Paul Smiths, NY?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $331,946
Avg Monthly Rent $918
ZIP Codes 1

Investing in Paul Smiths Real Estate

Paul Smiths, NY covers 1 ZIP codes and a population but the investment metrics here are tepid — this is not a market to enter casually.

Across Paul Smiths's 1 ZIPs, fundamentals run muted: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Transaction volume in Paul Smiths has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Paul Smiths's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Malone, NY

Paul Smiths is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Paul Smiths, NY. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Paul Smiths, NY?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$331,946
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (NY)

📉 Market Crash Risk Index

Based on Malone, NY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Malone, NY metro
0
Days to pending
6.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Paul Smiths

1 College 597 Students
C
Paul Smiths College of Arts and Science
4-Year Private · 597 students

ZIP Codes in Paul Smiths, NY

Screen every ZIP in Paul Smiths

Filter Paul Smiths’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Paul Smiths, NY

Do rentals sit vacant long in Paul Smiths, NY?

Paul Smiths, NY sees elevated vacancy, which is reasonable relative to the broader NY rental market.

What is the typical renter like in Paul Smiths, NY?

Expect a solid tenant pool in Paul Smiths, NY. The rental market absorbs $918/mo rents without meaningful friction.

Is Paul Smiths, NY landlord-friendly?

Paul Smiths, NY operates under NY law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

What are rental rates like in Paul Smiths, NY?

Rent in Paul Smiths, NY is around $918/mo. The resulting rent-to-value relationship with $332K pricing is reasonable for most investor models.

Can owner-occupants cash flow in Paul Smiths, NY?

For house hackers, Paul Smiths, NY is a challenging. The $918/mo rent on a unit helps defray the mortgage on a $332K property.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Paul Smiths, NY.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.