East Rockaway, NY—11518
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Rockaway, NY
As of Oct '25, the median home price in East Rockaway, NY is $710,000, with a year-over-year change of 1.9%. This indicates that home prices in East Rockaway, NY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $710,000 | 1.9% |
| Single Family | $729,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $544,000 | 2.4% |
3 Bed | $716,000 | 1.3% |
4 Bed | $836,000 | 2.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Rockaway, NY
As of July '25, Rentcast reports the average rent in East Rockaway, NY is $2,880, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in East Rockaway, NY is studios: $1,980, 1-bedrooms: $2,220, 2-bedrooms: $3,060, 3-bedrooms: $3,600. The most common rental property sizes in East Rockaway, NY are 2-bedroom and 3-bedroom, accounting for 49.4% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,950 | $2,880 |
| Studio Rent | $1,750 | $1,980 |
| 1 Bed Rent | $2,150 | $2,220 |
| 2 Bed Rent | $3,000 | $3,060 |
| 3 Bed Rent | $3,500 | $3,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — East Rockaway, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in East Rockaway, NY is 58. This is a decrease of -29.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $700,000 | 29.0% |
Listing Count | 64 | 9.0% |
| Listings as % of Homes | 1.1% | 9.0% |
Days on Market | 58 | -29.0% |
Demographics — East Rockaway, NY
As of the latest ACS Survey released in 2023, East Rockaway, NY has a population of 10,400, which has increased by 2.9% over the past 5 years. East Rockaway, NY is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 44.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | 2.9% |
% Under 18 | 21.5% | 3.4% |
% Seniors | 17.8% | 25.4% |
% WFH | 14.2% | 647.4% |
% w/ College Degree | 44.3% | 6.0% |
As of the latest ACS Survey released in 2023, East Rockaway, NY is a predominantly white area, with 76.2% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in East Rockaway, NY is hispanic, making up 14.2% of the population. Foreign-born residents account for 13.9% of the population in East Rockaway, NY, and this percentage has increased by 43.3% 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 | 76.2% | -7.3% |
% Black | 4.3% | 72.0% |
% Hispanic | 14.2% | 24.6% |
% Asian | 3.6% | -5.3% |
% Foreign Born | 13.9% | 43.3% |
Mortgage and Risk — East Rockaway, NY
According to HUD data as of 2023, there were 156 mortgage originations in East Rockaway, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in East Rockaway, NY. Investor activity is low, as 1.0% 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 | 156 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — East Rockaway, NY
East Rockaway, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 31 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 2.3% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $2,150 | $2,220 |
| 2 Bedroom | -$440 | $3,000 | $2,560 |
| 3 Bedroom | -$180 | $3,500 | $3,320 |
| 4 Bedroom | N/A | N/A | $3,560 |
Affordability — East Rockaway, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $710,000 |
| Median Household Income | $105,000 |