Jamaica, New York, NY 11432 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

View in Interactive Map

Jamaica, New York, NY—11432

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$861,000

4.5% YoY Growth

Household Income

$75,400

34.9% YoY Growth

Days on Market

60

25.0% Shorter YoY

Home Price Forecast

1.2%

Median Rent

$3,000

1.9% YoY Growth

1-Bed Rent

$2,700

6.0% YoY Growth

2-Bed Rent

$3,260

9.8% YoY Growth

3-Bed Rent

$3,500

0.5% YoY Growth

Other Zip Codes in Jamaica, New York, NY

11435 11433 11434

Home Price Trends — Jamaica, New York, NY

As of Dec '25, the median home price in Jamaica, New York, NY is $861,000, with a year-over-year change of 4.5%. This indicates that home prices in Jamaica, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$861,000	4.5%
Single Family	$1,052,000	5.0%
Condos	$273,000	1.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Jamaica, New York, NY

As of July '25, Rentcast reports the average rent in Jamaica, New York, NY is $3,140, with a year-over-year rent change of -1.9%. Per bedroom, the median rent as of July '25 in Jamaica, New York, NY is studios: $2,280, 1-bedrooms: $2,660, 2-bedrooms: $3,350, 3-bedrooms: $3,780, 4-bedrooms: $5,730. The most common rental property sizes in Jamaica, New York, NY are 1-bedroom and 2-bedroom, accounting for 36.3% and 33.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,000	$3,140
Studio Rent	$2,130	$2,280
1 Bed Rent	$2,700	$2,660
2 Bed Rent	$3,260	$3,350
3 Bed Rent	$3,500	$3,780
4 Bed Rent	$5,000	$5,730

Loading chart...

% of Rental Stock

Studio

16.4%

1 Bedroom

36.3%

2 Bedrooms

33.2%

3 Bedrooms

9.1%

4 Bedrooms

3.4%

5+ Bedrooms

1.5%

Property Listings — Jamaica, New York, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Jamaica, New York, NY is 67. This is a decrease of -20.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$998,000	48.0%
Listing Count	111	15.0%
Listings as % of Homes	0.6%	15.0%
Days on Market	60	-25.0%

Loading chart...

Demographics — Jamaica, New York, NY

As of the latest ACS Survey released in 2023, Jamaica, New York, NY has a population of 63,700, which has increased by 2.7% over the past 5 years. Jamaica, New York, NY is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	63,700	2.7%
% Under 18	21.4%	2.9%
% Seniors	17.7%	26.4%
% WFH	9.5%	196.9%
% w/ College Degree	35.7%	-1.1%

Loading chart...

As of the latest ACS Survey released in 2023, Jamaica, New York, NY is a predominantly asian area, with 42.3% of the population identifying as asian. The asian population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Jamaica, New York, NY is hispanic, making up 21.0% of the population. Foreign-born residents account for 56.8% of the population in Jamaica, New York, NY, and this percentage has increased by 0.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	11.8%	-8.5%
% Black	18.3%	14.4%
% Hispanic	21.0%	-13.9%
% Asian	42.3%	1.7%
% Foreign Born	56.8%	0.2%

Loading chart...

Mortgage and Risk — Jamaica, New York, NY

According to HUD data as of 2023, there were 176 mortgage originations in Jamaica, New York, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Jamaica, New York, NY. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	176
% Conventional Loans	99.0%
% Government Loans	1.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	7.0%

Loading chart...

Loading chart...

Rentals and Section 8 — Jamaica, New York, NY

As of 2024, the percent of homes in Jamaica, New York, NY under the Section 8 program is 3.9%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Jamaica, New York, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	776
Total Units Section 8	479
% Rentals under Section 8	3.9%
% Occupied Section 8	88.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$70	$2,700	$2,630
2 Bedroom	-$350	$3,260	$2,910
3 Bedroom	$130	$3,500	$3,630
4 Bedroom	-$1,090	$5,000	$3,910