Real Estate Investing in Greene, New York (13778)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 13778 (Greene, NY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.5% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Greene, NY (13778)?
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Market Analysis: 13778 Greene
The 13778 ZIP in Greene, NY is a local-operator market. Outside capital chasing a $204K entry has to pair deep knowledge with the discount.
The investment case in 13778 is notable only for operators who understand what they are buying. A $204K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 13778's metrics run below Chenango County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A substantial renter share of 26% in 13778 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 13778 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Greene:
Property Strategy for 13778
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $152,608 | $1,070 | 5.0% | +7.2% | $76,304 |
| 3BR | $189,110 | $1,380 | 5.3% | +7.1% | $63,037 |
| 4BR | $226,155 | $1,580 | 5.0% | +7.8% | $56,539 |
| 5BR | $227,263 | — | — | +6.7% | $45,453 |
Market Trends
Home Value History (with trend line)
📊 How Does 13778 Compare?
| Metric | 13778 | Greene | New York |
|---|---|---|---|
| Home Value | $203,603 | $203,603 | $505,608 |
| 5-Year CAGR | 6.4% | 6.4% | 6.6% |
| Avg Rent | $963 | $963 | - |
| Cap Rate | 3.7% | 3.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 13778 (Greene, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $203,603 |
| Monthly Rent | $963 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +10.6% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 13778
Population: 5,139
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 13778
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How do home values compare in Greene, NY?
The median home value in Greene, NY is roughly $204K. That puts it reasonable relative to the NY statewide average.
Is Greene, NY a friendly market for rental owners?
Rental owners in Greene, NY deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Is the tenant base reliable in Greene, NY?
Greene, NY offers a even-keeled renter base at the $963/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Greene, NY suited for a house hack?
House hacking works a challenging in Greene, NY. Rents of $963/mo against $204K acquisition make the strategy solid for owner-occupants.
What is the smart move for investors in Greene, NY?
Investors usually favor careful cash-flow rentals with hands-on management in Greene, NY. With home values at $204K and rents near $963/mo, other strategies can work but produce reliable rather than outsized returns.
You know 13778 now. You don’t know where it ranks.
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