Broad Channel, NY 11693 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Broad Channel, NY—11693

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$599,000

N/A

Household Income

$67,800

14.1% YoY Growth

Days on Market

29.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$2,710

3.7% YoY Growth

1-Bed Rent

$2,150

1.7% YoY Growth

2-Bed Rent

$2,700

13.2% YoY Growth

3-Bed Rent

$3,200

2.7% YoY Growth

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

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

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% of Rental Stock

Studio

11.8%

1 Bedroom

16.3%

2 Bedrooms

48.7%

3 Bedrooms

19.4%

4 Bedrooms

2.6%

5+ Bedrooms

1.1%

Property Listings — Broad Channel, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Broad Channel, NY is 59. This is a decrease of -33.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$599,000	34.0%
Listing Count	33	8.0%
Listings as % of Homes	N/A	8.0%
Days on Market	94	-29.0%

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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%

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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%

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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%

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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

Broad Channel, NY—11693

Key Metrics at a Glance

Home Price Trends — Broad Channel, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Broad Channel, NY

% of Rental Stock

Property Listings — Broad Channel, NY

Demographics — Broad Channel, NY

Race and Ethnicity

Mortgage and Risk — Broad Channel, NY

Mortgages

Rentals and Section 8 — Broad Channel, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Broad Channel, NY

Home Price to Income Ratio

Broad Channel, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Arverne, New York, NY

Belle Harbor, New York, NY

Springfield Gardens

Howard Beach, New York, NY

Far Rockaway, New York, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	$67,800

Broad Channel, NY—11693

Key Metrics at a Glance

Home Price Trends — Broad Channel, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Broad Channel, NY

% of Rental Stock

Property Listings — Broad Channel, NY

Demographics — Broad Channel, NY

Race and Ethnicity

Mortgage and Risk — Broad Channel, NY

Mortgages

Rentals and Section 8 — Broad Channel, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Broad Channel, NY

Home Price to Income Ratio

Broad Channel, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Arverne, New York, NY

Belle Harbor, New York, NY

Springfield Gardens

Howard Beach, New York, NY

Far Rockaway, New York, NY

Frequently Asked Questions

What is the average home price in Broad Channel, NY 11693?

How have home prices in Broad Channel, NY 11693 changed over the past year?

What is the home price projection for Broad Channel, NY 11693?

What are the demographics of Broad Channel, NY 11693?

How long does it take homes to sell in Broad Channel, NY 11693?

What is the average rent price in Broad Channel, NY 11693?