Broad Channel, NY—11693
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Broad Channel, NY
Broad Channel, NY 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
Rental Trends — Broad Channel, NY
As of July '25, Rentcast reports the average rent in Broad Channel, NY is $2,870, with a year-over-year rent change of -3.7%. Per bedroom, the median rent as of July '25 in Broad Channel, NY is 1-bedrooms: $2,280, 2-bedrooms: $2,900, 3-bedrooms: $3,300. The most common rental property sizes in Broad Channel, NY are 2-bedroom and 3-bedroom, accounting for 48.7% and 19.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,710 | $2,870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,150 | $2,280 |
| 2 Bed Rent | $2,700 | $2,900 |
| 3 Bed Rent | $3,200 | $3,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Broad Channel, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Broad Channel, NY is 46. This is a decrease of -34.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $622,000 | 34.0% |
Listing Count | 40 | 4.0% |
| Listings as % of Homes | N/A | 4.0% |
Days on Market | 46 | -34.0% |
Demographics — Broad Channel, NY
As of the latest ACS Survey released in 2023, Broad Channel, NY has a population of 13,100, which has increased by 1.1% over the past 5 years. Broad Channel, NY is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 13,100 | 1.1% |
% Under 18 | 22.1% | 0.9% |
% Seniors | 20.7% | 68.3% |
% WFH | 13.0% | 441.7% |
% w/ College Degree | 35.7% | 35.2% |
As of the latest ACS Survey released in 2023, Broad Channel, NY is a predominantly white area, with 44.2% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Broad Channel, NY is black, making up 25.7% of the population. Foreign-born residents account for 25.1% of the population in Broad Channel, NY, and this percentage has decreased by 1.2% 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 | 44.2% | -5.8% |
% Black | 25.7% | 29.1% |
% Hispanic | 21.9% | -25.8% |
% Asian | 4.6% | 15.0% |
% Foreign Born | 25.1% | -1.2% |
Mortgage and Risk — Broad Channel, NY
According to HUD data as of 2023, there were 70 mortgage originations in Broad Channel, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Broad Channel, 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 | 70 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Broad Channel, NY
Broad Channel, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 843 |
Total Units Section 8 | 141 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $2,150 | $2,210 |
| 2 Bedroom | -$220 | $2,700 | $2,480 |
| 3 Bedroom | -$100 | $3,200 | $3,100 |
| 4 Bedroom | N/A | N/A | $3,330 |
Affordability — Broad Channel, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $67,800 |