Woodhaven, New York, NY11421

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$715,000
2.8% YoY Growth
Median Household Income
$89,400
24.1% 5-Year Growth
Days on Market
74
3.0% Shorter than last year
Home Price Forecast
1.0%
Median Rent
$3,200
14.3% YoY Growth
1-Bed Rent
$850
27.2% YoY Growth
2-Bed Rent
$2,500
8.9% YoY Growth
3-Bed Rent
$3,400
7.6% YoY Growth

Property Listings — Woodhaven, New York, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Woodhaven, New York, NY is 74. This is a decrease of -3.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$680,000-6.0%
Listing Count
6614.0%
Listings as % of Homes0.5%14.0%
Days on Market
74-3.0%
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Demographics — Woodhaven, New York, NY

As of the latest ACS Survey released in 2023, Woodhaven, New York, NY has a population of 41,900, which has increased by 2.3% over the past 5 years. Woodhaven, New York, NY is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
41,9002.3%
% Under 18
20.4%-6.0%
% Seniors
13.4%6.3%
% WFH
7.3%151.7%
% w/ College Degree
26.0%7.4%
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As of the latest ACS Survey released in 2023, Woodhaven, New York, NY is a predominantly hispanic area, with 56.0% of the population identifying as hispanic. The hispanic population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Woodhaven, New York, NY is asian, making up 20.4% of the population. Foreign-born residents account for 52.5% of the population in Woodhaven, New York, NY, and this percentage has increased by 8.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
13.4%-20.2%
% Black
5.6%19.1%
% Hispanic
56.0%-4.4%
% Asian
20.4%4.1%
% Foreign Born
52.5%8.2%
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Mortgage and Risk — Woodhaven, New York, NY

According to HUD data as of 2023, there were 172 mortgage originations in Woodhaven, New York, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Woodhaven, New York, NY. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
172
% Conventional Loans
91.0%
% Government Loans
9.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Woodhaven, New York, NY

As of 2024, the percent of homes in Woodhaven, New York, NY under the Section 8 program is 6.0%. 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 Woodhaven, 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
323
Total Units Section 8
314
% Rentals under Section 8
6.0%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$1,720$850$2,570
2 Bedroom$350$2,500$2,850
3 Bedroom$150$3,400$3,550
4 Bedroom$30$3,800$3,830

Affordability — Woodhaven, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio7.7
Median Home Price$715,000
Median Household Income$89,400

Woodhaven, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions