Cedarhurst, NY11516

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,164,000
3.8% YoY Growth
Median Household Income
$102,000
5.0% 5-Year Growth
Days on Market
78
3.0% Longer than last year
Home Price Forecast
1.4%
Median Rent
$3,000
1.6% YoY Growth
1-Bed Rent
$2,480
4.0% YoY Growth
2-Bed Rent
$3,200
8.6% YoY Growth
3-Bed Rent
$4,250
4.9% YoY Growth

Property Listings — Cedarhurst, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Cedarhurst, NY is 78. This is a increase of 3.0% 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 7.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,380,000-18.0%
Listing Count
2945.0%
Listings as % of Homes0.5%45.0%
Days on Market
783.0%
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Demographics — Cedarhurst, NY

As of the latest ACS Survey released in 2023, Cedarhurst, NY has a population of 8,730, which has increased by 13.9% over the past 5 years. Cedarhurst, NY is a popular place for families, as children make up 26.5% of the population. The area has a highly educated workforce, with 46.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,73013.9%
% Under 18
26.5%-13.4%
% Seniors
16.5%17.0%
% WFH
8.1%39.7%
% w/ College Degree
46.7%-12.1%
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As of the latest ACS Survey released in 2023, Cedarhurst, NY is a predominantly white area, with 81.2% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Cedarhurst, NY is hispanic, making up 12.8% of the population. Foreign-born residents account for 18.6% of the population in Cedarhurst, NY, and this percentage has decreased by 11.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
81.2%0.7%
% Black
1.2%-7.7%
% Hispanic
12.8%-22.4%
% Asian
1.2%-14.3%
% Foreign Born
18.6%-11.8%
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Mortgage and Risk — Cedarhurst, NY

According to HUD data as of 2023, there were 44 mortgage originations in Cedarhurst, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Cedarhurst, NY. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
44
% Conventional Loans
98.0%
% Government Loans
2.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Cedarhurst, NY

As of 2024, the percent of homes in Cedarhurst, NY under the Section 8 program is 1.1%. 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 Cedarhurst, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
12
Total Units Section 8
12
% Rentals under Section 8
1.1%
% Occupied Section 8
90.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$350$2,480$2,130
2 Bedroom-$740$3,200$2,460
3 Bedroom-$1,060$4,250$3,190
4 Bedroom-$3,080$6,500$3,420

Affordability — Cedarhurst, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio9.6
Median Home Price$1,164,000
Median Household Income$102,000

Cedarhurst, NY — ZIP Code Boundary Map

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Frequently Asked Questions