Little Neck, New York, NY—11362
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Little Neck, New York, NY
Home Price Trends — Little Neck, New York, NY
As of Oct '25, the median home price in Little Neck, New York, NY is $674,000, with a year-over-year change of 8.3%. This indicates that home prices in Little Neck, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $674,000 | 8.3% |
| Single Family | $1,158,000 | 6.0% |
| Condos | $384,000 | 10.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $291,000 | 7.0% |
2 Bed | $398,000 | 8.4% |
3 Bed | $952,000 | 8.9% |
4 Bed | $1,289,000 | 6.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Little Neck, New York, NY
As of July '25, Rentcast reports the average rent in Little Neck, New York, NY is $3,490, with a year-over-year rent change of -16.3%. Per bedroom, the median rent as of July '25 in Little Neck, New York, NY is 1-bedrooms: $2,000, 2-bedrooms: $2,980, 3-bedrooms: $3,770, 4-bedrooms: $4,350. The most common rental property sizes in Little Neck, New York, NY are 3-bedroom and 2-bedroom, accounting for 39.4% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,490 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,000 | $2,000 |
| 2 Bed Rent | $2,900 | $2,980 |
| 3 Bed Rent | $3,600 | $3,770 |
| 4 Bed Rent | $2,800 | $4,350 |
% of Rental Stock
Property Listings — Little Neck, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Little Neck, New York, NY is 62. 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $574,000 | -51.0% |
Listing Count | 117 | 32.0% |
| Listings as % of Homes | 1.0% | 32.0% |
Days on Market | 62 | -13.0% |
Demographics — Little Neck, New York, NY
As of the latest ACS Survey released in 2023, Little Neck, New York, NY has a population of 18,200, which has decreased by -3.0% over the past 5 years. Little Neck, New York, NY is a moderately popular place for families, as children make up 15.3% of the population. The area has a highly educated workforce, with 52.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,200 | -3.0% |
% Under 18 | 15.3% | -6.1% |
% Seniors | 27.1% | 5.0% |
% WFH | 17.5% | 307.0% |
% w/ College Degree | 52.2% | 20.3% |
As of the latest ACS Survey released in 2023, Little Neck, New York, NY is a predominantly asian area, with 48.5% of the population identifying as asian. The asian population has grown by 12.0% in the last 5 years. The second most common race or ethnicity in Little Neck, New York, NY is white, making up 37.1% of the population. Foreign-born residents account for 39.9% of the population in Little Neck, New York, NY, and this percentage has decreased by 2.7% 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 | 37.1% | -16.3% |
% Black | 3.8% | 322.2% |
% Hispanic | 9.5% | 6.7% |
% Asian | 48.5% | 12.0% |
% Foreign Born | 39.9% | -2.7% |
Mortgage and Risk — Little Neck, New York, NY
According to HUD data as of 2023, there were 175 mortgage originations in Little Neck, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Little Neck, New York, NY. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 175 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Little Neck, New York, NY
As of 2024, the percent of homes in Little Neck, New York, NY under the Section 8 program is 0.2%. 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. In Little Neck, New York, NY, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,210 | $2,000 | $3,210 |
| 2 Bedroom | $650 | $2,900 | $3,550 |
| 3 Bedroom | $820 | $3,600 | $4,420 |
| 4 Bedroom | $1,970 | $2,800 | $4,770 |
Affordability — Little Neck, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $674,000 |
| Median Household Income | $119,000 |