Bellerose, New York, NY11426

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$775,000
3.8% YoY Growth
Median Household Income
$108,000
21.2% 5-Year Growth
Days on Market
48
2.0% Longer than last year
Home Price Forecast
1.2%
Median Rent
$2,850
0.0% YoY Growth
1-Bed Rent
$2,300
16.4% YoY Growth
2-Bed Rent
$2,700
5.0% YoY Growth
3-Bed Rent
$3,300
1.8% YoY Growth

Property Listings — Bellerose, New York, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Bellerose, New York, NY is 48. This is a increase of 2.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$886,00024.0%
Listing Count
6416.0%
Listings as % of Homes0.7%16.0%
Days on Market
482.0%
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Demographics — Bellerose, New York, NY

As of the latest ACS Survey released in 2023, Bellerose, New York, NY has a population of 19,600, which has decreased by -5.6% over the past 5 years. Bellerose, New York, NY is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 43.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
19,600-5.6%
% Under 18
18.6%-12.7%
% Seniors
23.9%55.2%
% WFH
9.2%253.8%
% w/ College Degree
43.8%15.9%
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As of the latest ACS Survey released in 2023, Bellerose, New York, NY is a predominantly asian area, with 50.2% of the population identifying as asian. The asian population has grown by 13.6% in the last 5 years. The second most common race or ethnicity in Bellerose, New York, NY is white, making up 22.4% of the population. Foreign-born residents account for 48.3% of the population in Bellerose, New York, NY, and this percentage has increased by 14.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
22.4%-20.0%
% Black
5.6%-15.2%
% Hispanic
15.9%-15.9%
% Asian
50.2%13.6%
% Foreign Born
48.3%14.5%
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Mortgage and Risk — Bellerose, New York, NY

According to HUD data as of 2023, there were 135 mortgage originations in Bellerose, New York, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Bellerose, New York, NY. Investor activity is low, as 1.0% 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
135
% Conventional Loans
95.0%
% Government Loans
5.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Bellerose, New York, NY

As of 2024, the percent of homes in Bellerose, New York, NY under the Section 8 program is 0.5%. 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 Bellerose, 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
61
Total Units Section 8
11
% Rentals under Section 8
0.5%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$500$2,300$2,800
2 Bedroom$400$2,700$3,100
3 Bedroom$560$3,300$3,860
4 Bedroom$270$3,900$4,170

Affordability — Bellerose, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.6
Median Home Price$775,000
Median Household Income$108,000

Bellerose, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions