East Garden City—11549
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Garden City
East Garden City lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
No data available
Rental Trends — East Garden City
East Garden City lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — East Garden City
East Garden City lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — East Garden City
As of the latest ACS Survey released in 2023, East Garden City has a population of 2,420, which has decreased by -16.6% over the past 5 years. East Garden City is a less popular place for families, as children make up 3.1% of the population. The area has a highly educated workforce, with 69.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,420 | -16.6% |
% Under 18 | 3.1% | 121.4% |
% Seniors | 0.0% | N/A |
% WFH | 10.1% | 53.0% |
% w/ College Degree | 69.8% | 151.1% |
As of the latest ACS Survey released in 2023, East Garden City is a predominantly white area, with 63.6% of the population identifying as white. The white population has grown by 7.8% in the last 5 years. The second most common race or ethnicity in East Garden City is hispanic, making up 11.7% of the population. Foreign-born residents account for 12.7% of the population in East Garden City, and this percentage has increased by 41.1% 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 | 63.6% | 7.8% |
% Black | 10.6% | -16.5% |
% Hispanic | 11.7% | -23.5% |
% Asian | 9.1% | -2.2% |
% Foreign Born | 12.7% | 41.1% |
Mortgage and Risk — East Garden City
According to HUD data as of 2023, there were 16 mortgage originations in East Garden City, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in East Garden City. Investor activity is low, as 12.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 16 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — East Garden City
East Garden City 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 | N/A | N/A | $2,210 |
| 2 Bedroom | N/A | N/A | $2,550 |
| 3 Bedroom | N/A | N/A | $3,310 |
| 4 Bedroom | N/A | N/A | $3,540 |
Affordability — East Garden City
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | N/A |