Throgs Neck, New York, NY—10465
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Throgs Neck, New York, NY
As of Oct '25, the median home price in Throgs Neck, New York, NY is $659,000, with a year-over-year change of 4.5%. This indicates that home prices in Throgs Neck, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $659,000 | 4.6% |
| Single Family | $687,000 | 4.7% |
| Condos | $445,000 | 5.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $400,000 | 2.0% |
2 Bed | $503,000 | 3.3% |
3 Bed | $684,000 | 5.6% |
4 Bed | $759,000 | -7.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Throgs Neck, New York, NY
As of July '25, Rentcast reports the average rent in Throgs Neck, New York, NY is $3,120, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Throgs Neck, New York, NY is 1-bedrooms: $2,320, 2-bedrooms: $2,790, 3-bedrooms: $3,370, 4-bedrooms: $3,880. The most common rental property sizes in Throgs Neck, New York, NY are 2-bedroom and 3-bedroom, accounting for 38.1% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,150 | $3,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,100 | $2,320 |
| 2 Bed Rent | $2,800 | $2,790 |
| 3 Bed Rent | $3,460 | $3,370 |
| 4 Bed Rent | $3,700 | $3,880 |
% of Rental Stock
Property Listings — Throgs Neck, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Throgs Neck, New York, NY is 61. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $699,000 | 8.0% |
Listing Count | 125 | 43.0% |
| Listings as % of Homes | 0.5% | 43.0% |
Days on Market | 61 | -13.0% |
Demographics — Throgs Neck, New York, NY
As of the latest ACS Survey released in 2023, Throgs Neck, New York, NY has a population of 46,500, which has increased by 5.1% over the past 5 years. Throgs Neck, New York, NY is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 29.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,500 | 5.1% |
% Under 18 | 22.3% | 13.2% |
% Seniors | 16.3% | -6.3% |
% WFH | 9.8% | 188.2% |
% w/ College Degree | 29.4% | 11.8% |
As of the latest ACS Survey released in 2023, Throgs Neck, New York, NY is a predominantly hispanic area, with 46.1% of the population identifying as hispanic. The hispanic population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Throgs Neck, New York, NY is white, making up 35.3% of the population. Foreign-born residents account for 18.9% of the population in Throgs Neck, New York, NY, and this percentage has increased by 22.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 35.3% | -17.5% |
% Black | 13.3% | 3.9% |
% Hispanic | 46.1% | 4.1% |
% Asian | 5.8% | 87.1% |
% Foreign Born | 18.9% | 22.7% |
Mortgage and Risk — Throgs Neck, New York, NY
According to HUD data as of 2023, there were 302 mortgage originations in Throgs Neck, New York, NY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Throgs Neck, New York, NY. Investor activity is low, as 5.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 302 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Throgs Neck, New York, NY
As of 2024, the percent of homes in Throgs Neck, New York, NY under the Section 8 program is 8.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Throgs Neck, New York, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2,382 |
Total Units Section 8 | 662 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $410 | $2,100 | $2,510 |
| 2 Bedroom | -$20 | $2,800 | $2,780 |
| 3 Bedroom | $0 | $3,460 | $3,460 |
| 4 Bedroom | $40 | $3,700 | $3,740 |
Affordability — Throgs Neck, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.3 |
| Median Home Price | $659,000 |
| Median Household Income | $90,300 |