The story of this market
The typical home in ZIP 14712 sells for about $592,335, or $358 per square foot.
Prices are up +2.6% from a year ago, so sellers still have some momentum. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $859 a month.
ZIP 14712 — Bemus Point
The housing market in 14712 is characterized by high-value lakefront properties and low inventory, keeping prices stable. Demand remains driven by seasonal buyers and the unique appeal of the Chautauqua Institution. Market activity is currently limited by low turnover, typical for this niche resort-oriented area.
This ZIP is ideal for vacation-home buyers, retirees, and those seeking a seasonal lifestyle centered on lake amenities.
Median prices moved up 2.6% year over year.
Homes spend a median of 55 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 10.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 14712, Chautauqua County NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Schools serving the area are generally rated as average within the regional context.
The area is subject to seasonal lake-effect snow and potential flood risks near Chautauqua Lake.
Economic momentum is driven by seasonal tourism and the Chautauqua Institution, with limited large-scale industrial development.
Property taxes are levied by the county, town, and school district, with rates reflecting local assessment rolls and school budgets.
Commutes are primarily car-dependent, with residents traveling to Jamestown or nearby regional employment hubs.
The area is a premier destination for lake-based recreation, including boating, fishing, and golf, with proximity to the Chautauqua Institution.
The rental market is heavily influenced by seasonal demand and short-term vacation rentals around the lake.
The economy is anchored by tourism, education, and seasonal hospitality services.
Transportation is primarily via local road networks with no major public transit infrastructure.
Development is largely focused on residential maintenance and seasonal property upgrades.
The Chautauqua County assessment office manages property valuations based on market-value standards.
Parcels are subject to school district taxes and local municipal levies.
Insurance premiums are influenced by lake-front proximity and winter weather exposure.
New York is a judicial foreclosure state requiring court intervention.
New York requires a standard property condition disclosure statement from sellers.
Data derived from ZCTA-level census tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major recreational lake for boating and fishing.
Historic center for arts, education, and religion.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.