Longwood, New York, NY10459

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$502,000
4.2% YoY Growth
Median Household Income
$39,300
41.9% 5-Year Growth
Days on Market
93
32.0% Longer than last year
Home Price Forecast
2.0%
Median Rent
$2,800
1.9% YoY Growth
1-Bed Rent
$2,100
9.1% YoY Growth
2-Bed Rent
$2,600
17.7% YoY Growth
3-Bed Rent
$3,500
3.5% YoY Growth

Property Listings — Longwood, New York, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Longwood, New York, NY is 93. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$389,00037.0%
Listing Count
18-2.0%
Listings as % of Homes0.1%-2.0%
Days on Market
9332.0%
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Demographics — Longwood, New York, NY

As of the latest ACS Survey released in 2023, Longwood, New York, NY has a population of 49,800, which has increased by 2.9% over the past 5 years. Longwood, New York, NY is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 13.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
49,8002.9%
% Under 18
27.9%2.6%
% Seniors
11.5%13.9%
% WFH
8.3%151.5%
% w/ College Degree
13.8%-0.7%
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As of the latest ACS Survey released in 2023, Longwood, New York, NY is a predominantly hispanic area, with 66.3% of the population identifying as hispanic. The hispanic population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Longwood, New York, NY is black, making up 34.4% of the population. Foreign-born residents account for 29.5% of the population in Longwood, New York, NY, and this percentage has decreased by 10.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
1.2%-25.0%
% Black
34.4%0.0%
% Hispanic
66.3%-2.4%
% Asian
1.1%37.5%
% Foreign Born
29.5%-10.9%
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Mortgage and Risk — Longwood, New York, NY

According to HUD data as of 2023, there were 45 mortgage originations in Longwood, New York, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Longwood, New York, NY. Investor activity is high, as 20.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
45
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
20.0%
% Second Loans
0.0%
% Cash Out Refinance
20.0%

Loan Activity

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Rentals and Section 8 — Longwood, New York, NY

As of 2024, the percent of homes in Longwood, New York, NY under the Section 8 program is 36.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Longwood, New York, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
6,406
Total Units Section 8
5,813
% Rentals under Section 8
36.0%
% Occupied Section 8
88.7%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$110$2,100$2,210
2 Bedroom-$120$2,600$2,480
3 Bedroom-$400$3,500$3,100
4 Bedroom-$740$4,070$3,330

Affordability — Longwood, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio11.3
Median Home Price$502,000
Median Household Income$39,300

Longwood, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions