Little Neck, New York, NY11362

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$674,000
8.3% YoY Growth
Median Household Income
$119,000
33.4% 5-Year Growth
Days on Market
62
13.0% Shorter than last year
Home Price Forecast
1.5%
Median Rent
$3,300
16.3% YoY Growth
1-Bed Rent
$2,000
0.0% YoY Growth
2-Bed Rent
$2,900
5.3% YoY Growth
3-Bed Rent
$3,600
8.9% YoY Growth

Other Zip Codes in Little Neck, New York, NY

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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$574,000-51.0%
Listing Count
11732.0%
Listings as % of Homes1.0%32.0%
Days on Market
62-13.0%
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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.

MetricLatest CensusYoY % 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%
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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

MetricLatest Census5-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%
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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

MetricZip 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

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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 SizeHUD PremiumMarket RentMax 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

MetricZip Code Average
Home Price to Income Ratio5.5
Median Home Price$674,000
Median Household Income$119,000

Little Neck, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions