Whitestone, New York, NY—11357
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Whitestone, New York, NY
As of Oct '25, the median home price in Whitestone, New York, NY is $977,000, with a year-over-year change of 4.2%. This indicates that home prices in Whitestone, New York, 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 | $977,000 | 4.2% |
| Single Family | $1,125,000 | 2.2% |
| Condos | $388,000 | 4.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $324,000 | 8.0% |
2 Bed | $438,000 | 7.4% |
3 Bed | $1,059,000 | 3.5% |
4 Bed | $1,325,000 | 3.7% |
| 5 Bed | $1,590,000 | 2.5% |
% of Housing Stock
Rental Trends — Whitestone, New York, NY
As of July '25, Rentcast reports the average rent in Whitestone, New York, NY is $3,360, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Whitestone, New York, NY is studios: $2,580, 1-bedrooms: $2,230, 2-bedrooms: $2,760, 3-bedrooms: $3,700, 4-bedrooms: $4,700. The most common rental property sizes in Whitestone, New York, NY are 2-bedroom and 3-bedroom, accounting for 41.3% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,360 |
| Studio Rent | $2,150 | $2,580 |
| 1 Bed Rent | $2,250 | $2,230 |
| 2 Bed Rent | $2,700 | $2,760 |
| 3 Bed Rent | $3,500 | $3,700 |
| 4 Bed Rent | $4,360 | $4,700 |
% of Rental Stock
Property Listings — Whitestone, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Whitestone, New York, NY is 66. This is a decrease of -30.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $899,000 | 10.0% |
Listing Count | 222 | 28.0% |
| Listings as % of Homes | 1.1% | 28.0% |
Days on Market | 66 | -30.0% |
Demographics — Whitestone, New York, NY
As of the latest ACS Survey released in 2023, Whitestone, New York, NY has a population of 42,300, which has increased by 6.1% over the past 5 years. Whitestone, New York, NY is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 37.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,300 | 6.1% |
% Under 18 | 19.4% | -1.0% |
% Seniors | 25.8% | 18.9% |
% WFH | 10.4% | 316.0% |
% w/ College Degree | 37.9% | -2.6% |
As of the latest ACS Survey released in 2023, Whitestone, New York, NY is a predominantly white area, with 55.1% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Whitestone, New York, NY is asian, making up 25.2% of the population. Foreign-born residents account for 35.5% of the population in Whitestone, New York, NY, and this percentage has increased by 5.7% 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 | 55.1% | -7.9% |
% Black | 0.5% | -16.7% |
% Hispanic | 14.4% | -7.7% |
% Asian | 25.2% | 14.0% |
% Foreign Born | 35.5% | 5.7% |
Mortgage and Risk — Whitestone, New York, NY
According to HUD data as of 2023, there were 299 mortgage originations in Whitestone, New York, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 1.0% above 90% LTV (normal). This implies small mortgage risk in Whitestone, New York, NY. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 299 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Whitestone, New York, NY
As of 2024, the percent of homes in Whitestone, New York, NY under the Section 8 program is 0.3%. 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 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Whitestone, New York, NY, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 17 |
Total Units Section 8 | 17 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $630 | $2,250 | $2,880 |
| 2 Bedroom | $490 | $2,700 | $3,190 |
| 3 Bedroom | $480 | $3,500 | $3,980 |
| 4 Bedroom | -$70 | $4,360 | $4,290 |
Affordability — Whitestone, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.4 |
| Median Home Price | $977,000 |
| Median Household Income | $97,800 |