East Meadow, NY—11554
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Meadow, NY
As of Oct '25, the median home price in East Meadow, NY is $769,000, with a year-over-year change of 4.5%. This indicates that home prices in East Meadow, 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 | $769,000 | 4.5% |
| Single Family | $774,000 | 4.0% |
| Condos | $618,000 | 3.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $639,000 | 0.8% |
3 Bed | $776,000 | 3.7% |
4 Bed | $818,000 | 3.4% |
| 5 Bed | $907,000 | 3.2% |
% of Housing Stock
Rental Trends — East Meadow, NY
As of July '25, Rentcast reports the average rent in East Meadow, NY is $3,590, with a year-over-year rent change of 15.4%. Per bedroom, the median rent as of July '25 in East Meadow, NY is studios: $1,400, 1-bedrooms: $2,210, 2-bedrooms: $3,280, 3-bedrooms: $4,200, 4-bedrooms: $4,700. The most common rental property sizes in East Meadow, NY are 3-bedroom and 1-bedroom, accounting for 33.4% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,590 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $2,250 | $2,210 |
| 2 Bed Rent | $3,400 | $3,280 |
| 3 Bed Rent | $4,200 | $4,200 |
| 4 Bed Rent | $4,500 | $4,700 |
% of Rental Stock
Property Listings — East Meadow, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in East Meadow, NY is 45. This is a increase of 20.0% 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 | $824,000 | 2.0% |
Listing Count | 110 | 52.0% |
| Listings as % of Homes | 0.7% | 52.0% |
Days on Market | 45 | 20.0% |
Demographics — East Meadow, NY
As of the latest ACS Survey released in 2023, East Meadow, NY has a population of 35,800, which has decreased by -4.2% over the past 5 years. East Meadow, NY is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 44.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,800 | -4.2% |
% Under 18 | 19.2% | 1.6% |
% Seniors | 22.1% | 18.2% |
% WFH | 12.5% | 331.0% |
% w/ College Degree | 44.2% | 16.0% |
As of the latest ACS Survey released in 2023, East Meadow, NY is a predominantly white area, with 60.7% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in East Meadow, NY is asian, making up 18.7% of the population. Foreign-born residents account for 20.1% of the population in East Meadow, NY, and this percentage has increased by 4.1% 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 | 60.7% | -5.6% |
% Black | 4.1% | -43.1% |
% Hispanic | 14.2% | -2.7% |
% Asian | 18.7% | 50.8% |
% Foreign Born | 20.1% | 4.1% |
Mortgage and Risk — East Meadow, NY
According to HUD data as of 2023, there were 398 mortgage originations in East Meadow, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in East Meadow, 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 | 398 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — East Meadow, NY
As of 2024, the percent of homes in East Meadow, NY under the Section 8 program is 9.8%. 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. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in East Meadow, NY, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 120 |
Total Units Section 8 | 120 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $570 | $2,250 | $2,820 |
| 2 Bedroom | -$150 | $3,400 | $3,250 |
| 3 Bedroom | $10 | $4,200 | $4,210 |
| 4 Bedroom | $10 | $4,500 | $4,510 |
Affordability — East Meadow, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $769,000 |
| Median Household Income | $129,000 |