Lynbrook, NY—11563
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lynbrook, NY
As of Oct '25, the median home price in Lynbrook, NY is $727,000, with a year-over-year change of 3.2%. This indicates that home prices in Lynbrook, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $727,000 | 3.2% |
| Single Family | $740,000 | 2.6% |
| Condos | $350,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $539,000 | 2.1% |
3 Bed | $753,000 | 2.3% |
4 Bed | $805,000 | 2.5% |
| 5 Bed | $874,000 | 2.0% |
% of Housing Stock
Rental Trends — Lynbrook, NY
As of July '25, Rentcast reports the average rent in Lynbrook, NY is $2,890, with a year-over-year rent change of -6.5%. Per bedroom, the median rent as of July '25 in Lynbrook, NY is studios: $2,410, 1-bedrooms: $2,490, 2-bedrooms: $2,940, 3-bedrooms: $3,820, 4-bedrooms: $3,100. The most common rental property sizes in Lynbrook, NY are 2-bedroom and 1-bedroom, accounting for 40.7% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,890 |
| Studio Rent | $2,150 | $2,410 |
| 1 Bed Rent | $2,550 | $2,490 |
| 2 Bed Rent | $3,000 | $2,940 |
| 3 Bed Rent | $3,750 | $3,820 |
| 4 Bed Rent | $3,100 | $3,100 |
% of Rental Stock
Property Listings — Lynbrook, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lynbrook, NY is 40. This is a decrease of -12.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $732,000 | 3.0% |
Listing Count | 93 | 49.0% |
| Listings as % of Homes | 0.6% | 49.0% |
Days on Market | 40 | -12.0% |
Demographics — Lynbrook, NY
As of the latest ACS Survey released in 2023, Lynbrook, NY has a population of 22,600, which has increased by 2.7% over the past 5 years. Lynbrook, NY is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 43.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,600 | 2.7% |
% Under 18 | 21.7% | 8.5% |
% Seniors | 19.4% | -1.5% |
% WFH | 15.1% | 586.4% |
% w/ College Degree | 43.6% | 4.6% |
As of the latest ACS Survey released in 2023, Lynbrook, NY is a predominantly white area, with 62.1% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Lynbrook, NY is hispanic, making up 21.3% of the population. Foreign-born residents account for 16.8% of the population in Lynbrook, NY, and this percentage has increased by 7.0% 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 | 62.1% | -12.4% |
% Black | 7.8% | 110.8% |
% Hispanic | 21.3% | 2.4% |
% Asian | 7.0% | 141.4% |
% Foreign Born | 16.8% | 7.0% |
Mortgage and Risk — Lynbrook, NY
According to HUD data as of 2023, there were 242 mortgage originations in Lynbrook, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Lynbrook, NY. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 242 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lynbrook, NY
As of 2024, the percent of homes in Lynbrook, NY under the Section 8 program is 9.3%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lynbrook, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 193 |
Total Units Section 8 | 193 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$320 | $2,550 | $2,230 |
| 2 Bedroom | -$430 | $3,000 | $2,570 |
| 3 Bedroom | -$420 | $3,750 | $3,330 |
| 4 Bedroom | $470 | $3,100 | $3,570 |
Affordability — Lynbrook, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $727,000 |
| Median Household Income | $138,000 |