North Babylon, NY—11703
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Babylon, NY
As of Oct '25, the median home price in North Babylon, NY is $635,000, with a year-over-year change of 2.5%. This indicates that home prices in North Babylon, 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 | $635,000 | 2.5% |
| Single Family | $642,000 | 0.8% |
| Condos | $354,000 | 2.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $544,000 | 0.0% |
3 Bed | $639,000 | 3.2% |
4 Bed | $687,000 | 2.2% |
| 5 Bed | $723,000 | 2.3% |
% of Housing Stock
Rental Trends — North Babylon, NY
As of July '25, Rentcast reports the average rent in North Babylon, NY is $3,040, with a year-over-year rent change of 7.0%. Per bedroom, the median rent as of July '25 in North Babylon, NY is 1-bedrooms: $2,680, 2-bedrooms: $3,200, 3-bedrooms: $3,400. The most common rental property sizes in North Babylon, NY are 1-bedroom and 2-bedroom, accounting for 56.4% and 20.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,580 | $2,680 |
| 2 Bed Rent | $3,500 | $3,200 |
| 3 Bed Rent | $2,300 | $3,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — North Babylon, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in North Babylon, NY is 33. This is a decrease of -16.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $654,000 | 6.0% |
Listing Count | 65 | 66.0% |
| Listings as % of Homes | 0.8% | 66.0% |
Days on Market | 33 | -16.0% |
Demographics — North Babylon, NY
As of the latest ACS Survey released in 2023, North Babylon, NY has a population of 17,200, which has increased by 7.9% over the past 5 years. North Babylon, NY is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,200 | 7.9% |
% Under 18 | 20.5% | -3.3% |
% Seniors | 17.4% | 20.0% |
% WFH | 8.5% | 226.9% |
% w/ College Degree | 34.5% | 22.8% |
As of the latest ACS Survey released in 2023, North Babylon, NY is a predominantly white area, with 55.6% of the population identifying as white. The white population has shrunk by 23.3% in the last 5 years. The second most common race or ethnicity in North Babylon, NY is hispanic, making up 21.6% of the population. Foreign-born residents account for 15.6% of the population in North Babylon, NY, and this percentage has increased by 26.8% 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 | 55.6% | -23.3% |
% Black | 14.3% | 98.6% |
% Hispanic | 21.6% | 35.8% |
% Asian | 5.7% | 111.1% |
% Foreign Born | 15.6% | 26.8% |
Mortgage and Risk — North Babylon, NY
According to HUD data as of 2023, there were 273 mortgage originations in North Babylon, NY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in North Babylon, NY. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 273 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — North Babylon, NY
North Babylon, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $2,580 | $2,200 |
| 2 Bedroom | -$960 | $3,500 | $2,540 |
| 3 Bedroom | $990 | $2,300 | $3,290 |
| 4 Bedroom | N/A | N/A | $3,530 |
Affordability — North Babylon, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $635,000 |
| Median Household Income | $130,000 |