South Jamaica, New York, NY—11436
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Jamaica, New York, NY
As of Oct '25, the median home price in South Jamaica, New York, NY is $670,000, with a year-over-year change of 8.0%. This indicates that home prices in South Jamaica, 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 | $670,000 | 8.0% |
| Single Family | $671,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $609,000 | 2.9% |
3 Bed | $683,000 | 4.6% |
4 Bed | $738,000 | 4.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — South Jamaica, New York, NY
As of July '25, Rentcast reports the average rent in South Jamaica, New York, NY is $3,470, with a year-over-year rent change of 20.1%. Per bedroom, the median rent as of July '25 in South Jamaica, New York, NY is 2-bedrooms: $2,900, 3-bedrooms: $3,410, 4-bedrooms: $4,000. The most common rental property sizes in South Jamaica, New York, NY are 3-bedroom and 2-bedroom, accounting for 46.5% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,900 | $2,900 |
| 3 Bed Rent | $3,500 | $3,410 |
| 4 Bed Rent | $4,000 | $4,000 |
% of Rental Stock
Property Listings — South Jamaica, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in South Jamaica, New York, NY is 50. This is a decrease of -46.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $729,000 | 12.0% |
Listing Count | 58 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 50 | -46.0% |
Demographics — South Jamaica, New York, NY
As of the latest ACS Survey released in 2023, South Jamaica, New York, NY has a population of 21,400, which has increased by 6.4% over the past 5 years. South Jamaica, New York, NY is a moderately popular place for families, as children make up 20.3% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 6.4% |
% Under 18 | 20.3% | -9.4% |
% Seniors | 14.0% | 33.3% |
% WFH | 4.9% | 188.2% |
% w/ College Degree | 22.2% | 9.4% |
As of the latest ACS Survey released in 2023, South Jamaica, New York, NY is a predominantly black area, with 60.5% of the population identifying as black. The black population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in South Jamaica, New York, NY is hispanic, making up 12.4% of the population. Foreign-born residents account for 48.4% of the population in South Jamaica, New York, NY, and this percentage has increased by 23.5% 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 | 1.3% | -13.3% |
% Black | 60.5% | -1.9% |
% Hispanic | 12.4% | -16.2% |
% Asian | 6.6% | -37.1% |
% Foreign Born | 48.4% | 23.5% |
Mortgage and Risk — South Jamaica, New York, NY
According to HUD data as of 2023, there were 156 mortgage originations in South Jamaica, New York, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in South Jamaica, New York, NY. Investor activity is low, as 3.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 156 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — South Jamaica, New York, NY
South Jamaica, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 177 |
Total Units Section 8 | 158 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 89.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,690 |
| 2 Bedroom | $80 | $2,900 | $2,980 |
| 3 Bedroom | $210 | $3,500 | $3,710 |
| 4 Bedroom | $10 | $4,000 | $4,010 |
Affordability — South Jamaica, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $670,000 |
| Median Household Income | $86,100 |