Little Neck, New York, NY11363

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,089,000
6.6% YoY Growth
Median Household Income
$111,000
5.8% 5-Year Growth
Days on Market
100
7.0% Longer than last year
Home Price Forecast
2.0%
Median Rent
$3,120
21.0% YoY Growth
1-Bed Rent
$2,570
14.8% YoY Growth
2-Bed Rent
$4,600
N/A
3-Bed Rent
$3,500
0.6% 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 100. This is a increase of 7.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,360,0000.0%
Listing Count
3843.0%
Listings as % of Homes0.7%43.0%
Days on Market
1007.0%
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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 7,520, which has increased by 8.1% over the past 5 years. Little Neck, New York, NY is a moderately popular place for families, as children make up 20.3% of the population. The area has a highly educated workforce, with 54.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
7,5208.1%
% Under 18
20.3%7.4%
% Seniors
25.7%19.0%
% WFH
20.9%553.1%
% w/ College Degree
54.9%0.5%
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As of the latest ACS Survey released in 2023, Little Neck, New York, NY is a predominantly white area, with 53.9% of the population identifying as white. The white population has grown by 6.1% in the last 5 years. The second most common race or ethnicity in Little Neck, New York, NY is asian, making up 28.9% of the population. Foreign-born residents account for 29.1% of the population in Little Neck, New York, NY, and this percentage has decreased by 10.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
53.9%6.1%
% Black
0.5%-72.2%
% Hispanic
12.3%-6.1%
% Asian
28.9%-11.3%
% Foreign Born
29.1%-10.7%
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Mortgage and Risk — Little Neck, New York, NY

According to HUD data as of 2023, there were 57 mortgage originations in Little Neck, New York, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 0.0% 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. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
57
% Conventional Loans
96.0%
% Government Loans
4.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

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. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Little Neck, New York, NY, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
0.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$600$2,570$3,170
2 Bedroom-$1,090$4,600$3,510
3 Bedroom$870$3,500$4,370
4 Bedroom-$880$5,600$4,720

Affordability — Little Neck, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio8.8
Median Home Price$1,089,000
Median Household Income$111,000

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

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Frequently Asked Questions