Soundview, New York, NY10472

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$662,000
4.3% YoY Growth
Median Household Income
$43,100
39.2% 5-Year Growth
Days on Market
55
23.0% Shorter than last year
Home Price Forecast
1.5%
Median Rent
$2,800
13.4% YoY Growth
1-Bed Rent
$1,150
N/A
2-Bed Rent
$2,800
32.8% YoY Growth
3-Bed Rent
$3,770
14.9% YoY Growth

Property Listings — Soundview, New York, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Soundview, New York, NY is 55. This is a decrease of -23.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$362,000-30.0%
Listing Count
1319.0%
Listings as % of Homes0.0%19.0%
Days on Market
55-23.0%
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Demographics — Soundview, New York, NY

As of the latest ACS Survey released in 2023, Soundview, New York, NY has a population of 63,800, which has decreased by -7.2% over the past 5 years. Soundview, New York, NY is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 13.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
63,800-7.2%
% Under 18
27.0%-0.4%
% Seniors
12.7%14.4%
% WFH
6.2%113.8%
% w/ College Degree
13.6%10.6%
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As of the latest ACS Survey released in 2023, Soundview, New York, NY is a predominantly hispanic area, with 61.8% of the population identifying as hispanic. The hispanic population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Soundview, New York, NY is black, making up 27.2% of the population. Foreign-born residents account for 40.1% of the population in Soundview, New York, NY, and this percentage has decreased by 2.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
1.8%-30.8%
% Black
27.2%-0.7%
% Hispanic
61.8%-4.2%
% Asian
8.1%20.9%
% Foreign Born
40.1%-2.2%
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Mortgage and Risk — Soundview, New York, NY

According to HUD data as of 2023, there were 86 mortgage originations in Soundview, New York, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Soundview, New York, NY. Investor activity is low, as 14.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
86
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
14.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Soundview, New York, NY

As of 2024, the percent of homes in Soundview, New York, NY under the Section 8 program is 12.8%. 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 units appear to be good home sizes to consider for Section 8 housing in Soundview, 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
5,617
Total Units Section 8
2,467
% Rentals under Section 8
12.8%
% Occupied Section 8
87.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$1,060$1,150$2,210
2 Bedroom-$320$2,800$2,480
3 Bedroom-$670$3,770$3,100
4 Bedroom-$740$4,070$3,330

Affordability — Soundview, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio14.1
Median Home Price$662,000
Median Household Income$43,100

Soundview, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions