Port Washington, NY—11050
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Port Washington, NY
As of Oct '25, the median home price in Port Washington, NY is $1,248,000, with a year-over-year change of 3.7%. This indicates that home prices in Port Washington, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,248,000 | 3.7% |
| Single Family | $1,277,000 | 3.7% |
| Condos | $796,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $813,000 | 3.6% |
3 Bed | $1,162,000 | 3.8% |
4 Bed | $1,432,000 | 3.4% |
| 5 Bed | $2,611,000 | 5.6% |
% of Housing Stock
Rental Trends — Port Washington, NY
As of July '25, Rentcast reports the average rent in Port Washington, NY is $4,520, with a year-over-year rent change of 10.8%. Per bedroom, the median rent as of July '25 in Port Washington, NY is studios: $2,620, 1-bedrooms: $2,920, 2-bedrooms: $3,700, 3-bedrooms: $5,120, 4-bedrooms: $6,560. The most common rental property sizes in Port Washington, NY are 2-bedroom and 1-bedroom, accounting for 35.6% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,500 | $4,520 |
| Studio Rent | $2,620 | $2,620 |
| 1 Bed Rent | $2,980 | $2,920 |
| 2 Bed Rent | $3,390 | $3,700 |
| 3 Bed Rent | $5,000 | $5,120 |
| 4 Bed Rent | $6,400 | $6,560 |
% of Rental Stock
Property Listings — Port Washington, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Port Washington, NY is 69. This is a increase of 16.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,790,000 | 18.0% |
Listing Count | 100 | -5.0% |
| Listings as % of Homes | 0.7% | -5.0% |
Days on Market | 69 | 16.0% |
Demographics — Port Washington, NY
As of the latest ACS Survey released in 2023, Port Washington, NY has a population of 32,700, which has increased by 8.4% over the past 5 years. Port Washington, NY is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 66.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | 8.4% |
% Under 18 | 25.0% | 3.3% |
% Seniors | 20.0% | -4.3% |
% WFH | 20.4% | 187.3% |
% w/ College Degree | 66.6% | 4.1% |
As of the latest ACS Survey released in 2023, Port Washington, NY is a predominantly white area, with 67.1% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Port Washington, NY is hispanic, making up 18.4% of the population. Foreign-born residents account for 18.2% of the population in Port Washington, NY, and this percentage has decreased by 21.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.1% | -3.7% |
% Black | 1.8% | 12.5% |
% Hispanic | 18.4% | 18.7% |
% Asian | 9.8% | -18.3% |
% Foreign Born | 18.2% | -21.9% |
Mortgage and Risk — Port Washington, NY
According to HUD data as of 2023, there were 277 mortgage originations in Port Washington, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Port Washington, NY. Investor activity is low, as 1.0% 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 | 277 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Port Washington, NY
As of 2024, the percent of homes in Port Washington, NY under the Section 8 program is 3.9%. 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. In Port Washington, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 132 |
Total Units Section 8 | 132 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 83.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$370 | $2,980 | $2,610 |
| 2 Bedroom | -$380 | $3,390 | $3,010 |
| 3 Bedroom | -$1,100 | $5,000 | $3,900 |
| 4 Bedroom | -$2,220 | $6,400 | $4,180 |
Affordability — Port Washington, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $1,248,000 |
| Median Household Income | $154,000 |