Albertson, NY—11507
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Albertson, NY
As of Oct '25, the median home price in Albertson, NY is $1,040,000, with a year-over-year change of 3.6%. This indicates that home prices in Albertson, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,040,000 | 3.6% |
| Single Family | $1,050,000 | 3.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $985,000 | 2.7% |
4 Bed | $1,168,000 | 4.0% |
| 5 Bed | $1,565,000 | 5.7% |
% of Housing Stock
Rental Trends — Albertson, NY
As of July '25, Rentcast reports the average rent in Albertson, NY is $3,780, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Albertson, NY is 1-bedrooms: $2,200, 2-bedrooms: $3,600, 3-bedrooms: $3,700, 4-bedrooms: $4,600. The most common rental property sizes in Albertson, NY are 3-bedroom and 4-bedroom, accounting for 39.9% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,700 | $3,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,200 |
| 2 Bed Rent | $3,000 | $3,600 |
| 3 Bed Rent | $3,700 | $3,700 |
| 4 Bed Rent | $4,600 | $4,600 |
% of Rental Stock
Property Listings — Albertson, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Albertson, NY is 79. This is a increase of 57.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,190,000 | -9.0% |
Listing Count | 28 | 23.0% |
| Listings as % of Homes | 0.9% | 23.0% |
Days on Market | 79 | 57.0% |
Demographics — Albertson, NY
As of the latest ACS Survey released in 2023, Albertson, NY has a population of 6,580, which has decreased by -9.7% over the past 5 years. Albertson, NY is a moderately popular place for families, as children make up 15.5% of the population. The area has a highly educated workforce, with 66.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,580 | -9.7% |
% Under 18 | 15.5% | -21.7% |
% Seniors | 23.4% | 13.0% |
% WFH | 9.7% | 90.2% |
% w/ College Degree | 66.3% | 14.9% |
As of the latest ACS Survey released in 2023, Albertson, NY is a predominantly asian area, with 44.3% of the population identifying as asian. The asian population has grown by 27.7% in the last 5 years. The second most common race or ethnicity in Albertson, NY is white, making up 43.4% of the population. Foreign-born residents account for 38.4% of the population in Albertson, NY, and this percentage has increased by 26.3% 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 | 43.4% | -22.9% |
% Black | 0.7% | -30.0% |
% Hispanic | 8.5% | 32.8% |
% Asian | 44.3% | 27.7% |
% Foreign Born | 38.4% | 26.3% |
Mortgage and Risk — Albertson, NY
According to HUD data as of 2023, there were 101 mortgage originations in Albertson, NY, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Albertson, NY. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Albertson, NY
Albertson, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $2,200 | $2,270 |
| 2 Bedroom | -$380 | $3,000 | $2,620 |
| 3 Bedroom | -$300 | $3,700 | $3,400 |
| 4 Bedroom | -$960 | $4,600 | $3,640 |
Affordability — Albertson, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $1,040,000 |
| Median Household Income | $163,000 |