Hillcrest, New York, NY—11366
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillcrest, New York, NY
As of Oct '25, the median home price in Hillcrest, New York, NY is $1,093,000, with a year-over-year change of 4.6%. This indicates that home prices in Hillcrest, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,093,000 | 4.6% |
| Single Family | $1,111,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,092,000 | 4.0% |
4 Bed | $1,220,000 | 5.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hillcrest, New York, NY
As of July '25, Rentcast reports the average rent in Hillcrest, New York, NY is $3,150, with a year-over-year rent change of -6.2%. Per bedroom, the median rent as of July '25 in Hillcrest, New York, NY is 1-bedrooms: $1,840, 2-bedrooms: $2,680, 3-bedrooms: $4,010. The most common rental property sizes in Hillcrest, New York, NY are 2-bedroom and 1-bedroom, accounting for 61.6% and 16.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,850 | $1,840 |
| 2 Bed Rent | $2,690 | $2,680 |
| 3 Bed Rent | $3,800 | $4,010 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hillcrest, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillcrest, New York, NY is 81. This is a increase of 15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,250,000 | 16.0% |
Listing Count | 39 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 81 | 15.0% |
Demographics — Hillcrest, New York, NY
As of the latest ACS Survey released in 2023, Hillcrest, New York, NY has a population of 13,000, which has decreased by -11.5% over the past 5 years. Hillcrest, New York, NY is a moderately popular place for families, as children make up 18.3% of the population. The area has a highly educated workforce, with 52.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,000 | -11.5% |
% Under 18 | 18.3% | -11.2% |
% Seniors | 20.6% | 20.5% |
% WFH | 19.1% | 297.9% |
% w/ College Degree | 52.0% | 17.1% |
As of the latest ACS Survey released in 2023, Hillcrest, New York, NY is a predominantly asian area, with 43.9% of the population identifying as asian. The asian population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Hillcrest, New York, NY is white, making up 30.2% of the population. Foreign-born residents account for 47.9% of the population in Hillcrest, New York, NY, and this percentage has decreased by 3.4% 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 | 30.2% | -22.6% |
% Black | 5.0% | -3.8% |
% Hispanic | 16.5% | 85.4% |
% Asian | 43.9% | -3.7% |
% Foreign Born | 47.9% | -3.4% |
Mortgage and Risk — Hillcrest, New York, NY
According to HUD data as of 2023, there were 113 mortgage originations in Hillcrest, New York, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Hillcrest, New York, NY. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hillcrest, New York, NY
Hillcrest, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 16 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $810 | $1,850 | $2,660 |
| 2 Bedroom | $260 | $2,690 | $2,950 |
| 3 Bedroom | -$120 | $3,800 | $3,680 |
| 4 Bedroom | N/A | N/A | $3,970 |
Affordability — Hillcrest, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.6 |
| Median Home Price | $1,093,000 |
| Median Household Income | $117,000 |