Glen Cove, NY 11542 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Glen Cove, NY—11542

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$775,000

6.9% YoY Growth

Household Income

$92,300

17.8% YoY Growth

Days on Market

54.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$3,350

2.8% YoY Growth

1-Bed Rent

$2,800

1.0% YoY Growth

2-Bed Rent

$3,600

2.2% YoY Growth

3-Bed Rent

$3,800

4.1% YoY Growth

Home Price Trends — Glen Cove, NY

As of Dec '25, the median home price in Glen Cove, NY is $775,000, with a year-over-year change of 6.9%. This indicates that home prices in Glen Cove, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$775,000	6.9%
Single Family	$781,000	6.8%
Condos	$591,000	9.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Glen Cove, NY

As of July '25, Rentcast reports the average rent in Glen Cove, NY is $3,460, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Glen Cove, NY is studios: $2,680, 1-bedrooms: $2,840, 2-bedrooms: $3,520, 3-bedrooms: $4,030, 4-bedrooms: $4,660. The most common rental property sizes in Glen Cove, NY are 2-bedroom and 3-bedroom, accounting for 31.1% and 28.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,350	$3,460
Studio Rent	$2,550	$2,680
1 Bed Rent	$2,800	$2,840
2 Bed Rent	$3,600	$3,520
3 Bed Rent	$3,800	$4,030
4 Bed Rent	$4,800	$4,660

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% of Rental Stock

Studio

9.5%

1 Bedroom

27.1%

2 Bedrooms

31.1%

3 Bedrooms

28.5%

4 Bedrooms

3.6%

5+ Bedrooms

0.2%

Property Listings — Glen Cove, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Glen Cove, NY is 110. This is a increase of 56.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,100,000	-1.0%
Listing Count	74	6.0%
Listings as % of Homes	0.7%	6.0%
Days on Market	87	54.0%

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Demographics — Glen Cove, NY

As of the latest ACS Survey released in 2023, Glen Cove, NY has a population of 29,000, which has increased by 4.5% over the past 5 years. Glen Cove, NY is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 40.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	29,000	4.5%
% Under 18	18.5%	-11.1%
% Seniors	21.5%	20.8%
% WFH	8.5%	129.7%
% w/ College Degree	40.8%	10.3%

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As of the latest ACS Survey released in 2023, Glen Cove, NY is a predominantly white area, with 56.3% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Glen Cove, NY is hispanic, making up 32.5% of the population. Foreign-born residents account for 28.1% of the population in Glen Cove, NY, and this percentage has decreased by 9.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	56.3%	2.7%
% Black	4.9%	-42.4%
% Hispanic	32.5%	19.9%
% Asian	4.7%	-4.1%
% Foreign Born	28.1%	-9.6%

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Mortgage and Risk — Glen Cove, NY

According to HUD data as of 2023, there were 216 mortgage originations in Glen Cove, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Glen Cove, NY. Investor activity is low, as 3.0% 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	216
% Conventional Loans	93.0%
% Government Loans	7.0%
% Investor Loans	3.0%
% Second Loans	2.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Glen Cove, NY

As of 2024, the percent of homes in Glen Cove, NY under the Section 8 program is 12.8%. 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 Glen Cove, 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	651
Total Units Section 8	651
% Rentals under Section 8	12.8%
% Occupied Section 8	87.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$530	$2,800	$2,270
2 Bedroom	-$980	$3,600	$2,620
3 Bedroom	-$400	$3,800	$3,400
4 Bedroom	-$1,160	$4,800	$3,640

Glen Cove, NY—11542

Key Metrics at a Glance

Home Price Trends — Glen Cove, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glen Cove, NY

% of Rental Stock

Property Listings — Glen Cove, NY

Demographics — Glen Cove, NY

Race and Ethnicity

Mortgage and Risk — Glen Cove, NY

Mortgages

Rentals and Section 8 — Glen Cove, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Glen Cove, NY

Home Price to Income Ratio

Glen Cove, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Sea Cliff, NY

Locust Valley, NY

Glenwood Landing

Greenvale, NY

Glen Head, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	7.2
Median Home Price	$775,000
Median Household Income	$92,300

Glen Cove, NY—11542

Key Metrics at a Glance

Home Price Trends — Glen Cove, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Glen Cove, NY

% of Rental Stock

Property Listings — Glen Cove, NY

Demographics — Glen Cove, NY

Race and Ethnicity

Mortgage and Risk — Glen Cove, NY

Mortgages

Rentals and Section 8 — Glen Cove, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Glen Cove, NY

Home Price to Income Ratio

Glen Cove, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Sea Cliff, NY

Locust Valley, NY

Glenwood Landing

Greenvale, NY

Glen Head, NY

Frequently Asked Questions

What is the average home price in Glen Cove, NY 11542?

How have home prices in Glen Cove, NY 11542 changed over the past year?

What is the home price projection for Glen Cove, NY 11542?

What are the demographics of Glen Cove, NY 11542?

How long does it take homes to sell in Glen Cove, NY 11542?

What is the average rent price in Glen Cove, NY 11542?