Howard Beach, New York, NY—11414
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Howard Beach, New York, NY
As of Oct '25, the median home price in Howard Beach, New York, NY is $615,000, with a year-over-year change of 5.4%. This indicates that home prices in Howard Beach, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $615,000 | 5.4% |
| Single Family | $920,000 | 5.6% |
| Condos | $314,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $231,000 | 3.6% |
2 Bed | $336,000 | 4.0% |
3 Bed | $690,000 | 5.0% |
4 Bed | $988,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Howard Beach, New York, NY
As of July '25, Rentcast reports the average rent in Howard Beach, New York, NY is $2,730, with a year-over-year rent change of 4.6%. Per bedroom, the median rent as of July '25 in Howard Beach, New York, NY is studios: $1,760, 1-bedrooms: $1,990, 2-bedrooms: $2,750, 3-bedrooms: $3,290. The most common rental property sizes in Howard Beach, New York, NY are 3-bedroom and 2-bedroom, accounting for 36.9% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,730 |
| Studio Rent | $1,700 | $1,760 |
| 1 Bed Rent | $1,850 | $1,990 |
| 2 Bed Rent | $2,800 | $2,750 |
| 3 Bed Rent | $3,100 | $3,290 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Howard Beach, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Howard Beach, New York, NY is 58. This is a increase of 4.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $555,000 | 11.0% |
Listing Count | 185 | 66.0% |
| Listings as % of Homes | 0.9% | 66.0% |
Days on Market | 58 | 4.0% |
Demographics — Howard Beach, New York, NY
As of the latest ACS Survey released in 2023, Howard Beach, New York, NY has a population of 31,100, which has increased by 6.4% over the past 5 years. Howard Beach, New York, NY is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,100 | 6.4% |
% Under 18 | 23.2% | 16.0% |
% Seniors | 24.8% | 12.7% |
% WFH | 8.4% | 1,300.0% |
% w/ College Degree | 31.3% | 12.2% |
As of the latest ACS Survey released in 2023, Howard Beach, New York, NY is a predominantly white area, with 61.3% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Howard Beach, New York, NY is hispanic, making up 25.1% of the population. Foreign-born residents account for 19.9% of the population in Howard Beach, New York, NY, and this percentage has decreased by 1.0% 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 | 61.3% | -9.6% |
% Black | 6.2% | 226.3% |
% Hispanic | 25.1% | 12.6% |
% Asian | 4.8% | -7.7% |
% Foreign Born | 19.9% | -1.0% |
Mortgage and Risk — Howard Beach, New York, NY
According to HUD data as of 2023, there were 292 mortgage originations in Howard Beach, New York, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Howard Beach, New York, NY. Investor activity is low, as 3.0% 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 | 292 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Howard Beach, New York, NY
Howard Beach, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 128 |
Total Units Section 8 | 128 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $790 | $1,850 | $2,640 |
| 2 Bedroom | $120 | $2,800 | $2,920 |
| 3 Bedroom | $540 | $3,100 | $3,640 |
| 4 Bedroom | N/A | N/A | $3,930 |
Affordability — Howard Beach, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $615,000 |
| Median Household Income | $98,200 |