Real Estate Investing in Farmersville Station, New York (14060)

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

Allegany County • Population: 346 • Data updated: September 2026

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Should you buy in 14060 (Farmersville Station, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 27.9% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • Higher unemployment: 7.4% unemployment — tenant risk signal.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Farmersville Station, NY (14060)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $159,844
Avg Monthly Rent $918
1% Rule ✗ Does Not Meet
Median Income $64,583
% Renters 23.8%

Market Analysis: 14060 Farmersville Station

The 14060 ZIP in Farmersville Station, NY is a local-operator market. Outside capital chasing a $160K entry has to pair deep knowledge with the discount.

The investment case in 14060 is sturdy only for operators who understand what they are buying. A $160K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

In the broader NY picture, 14060 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

On the rental side, 346 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Experienced landlords with local relationships tend to find 14060 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Farmersville Station:

B Good
Buy Confidence Score: 75/100
Affordability
25/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.5× the median income
Value Trend
Rising (+9.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $918/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Olean, NY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Olean, NY metro data

Market Trends

Home Value History (with trend line)

$168K$149K$130K$110K$91K$71KJul 2006Jul 2016Jul 2026

📊 How Does 14060 Compare?

Metric 14060 Farmersville Station Olean, NY New York
Home Value $159,844 $159,844 N/A $505,608
5-Year CAGR 5.3% 5.3% N/A 6.6%
Avg Rent $918 $918 N/A -
Cap Rate 4.5% 4.5% - -
💡 Why Invest in 14060? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 14060 (Farmersville Station, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+5.3%
Moderate

📉 Market Crash Risk Index

Based on Olean, NY metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
65%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $159,844
Monthly Rent $918
Price-to-Rent 14.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.9%
Cap Rate 4.5%
5-Year IRR 9.8%

📈 Home Appreciation

1-Year +9.2% ▲
3-Year CAGR +4.3% ▲
5-Year CAGR +5.3% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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.

Vacancy
27.9%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+5.3%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 14060

Population: 346

💰 Median Household Income
$64,583
This area
$64,583
State
$86,376
USA
$74,580
🏠 Renter Occupied
23.8%
This area
23.8%
State
26.4%
USA
34.0%
💼 Unemployment Rate
7.4%
This area
7.4%
State
-24.2%
USA
3.7%
🎓 College Educated
10.6%
This area
10.6%
State
4.2%
USA
33.7%
👤 Median Age
52.6 years
This area
52.6 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
27.9%
This area
27.9%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 89.9%
Other/Mixed 10.1%
Hispanic/Latino 1.7%
👶 Under 18
9.8%
This area
9.8%
USA
22.0%
👴 65 and Over
32.0%
This area
32.0%
USA
17.3%
📊 Poverty Rate
3.5%
This area
3.5%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby
C+
Houghton University
1,014 students · 7.9 mi

Frequently Asked Questions

What price range are homes in Farmersville Station, NY?

Homes in Farmersville Station, NY typically sell near $160K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

Is rental property easy to operate in Farmersville Station, NY?

NY ranks as a tenant-protective state for landlord-tenant law. Farmersville Station generally follows the statewide framework, so landlords face reasonable operating rules.

How strong is tenant demand in Farmersville Station, NY?

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

Is house hacking profitable in Farmersville Station, NY?

For house hackers, Farmersville Station, NY is a challenging. The $918/mo rent on a unit helps defray the mortgage on a $160K property.

What is the rental occupancy rate in Farmersville Station, NY?

Rental vacancy in Farmersville Station, NY is elevated. Investors should budget normal turnover but not chronic empty units.

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How 14060 ranks in Olean, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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