Brightwaters, NY—11718
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brightwaters, NY
As of Oct '25, the median home price in Brightwaters, NY is $807,000, with a year-over-year change of 1.8%. This indicates that home prices in Brightwaters, NY are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $807,000 | 1.8% |
| Single Family | $806,000 | 1.3% |
| 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 | $906,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brightwaters, NY
As of July '25, Rentcast reports the average rent in Brightwaters, NY is $2,400, with a year-over-year rent change of 17.1%. Per bedroom, the median rent as of July '25 in Brightwaters, NY is studios: $1,890, 3-bedrooms: $3,950. The most common rental property sizes in Brightwaters, NY are 1-bedroom and 3-bedroom, accounting for 46.2% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,400 |
| Studio Rent | $1,850 | $1,890 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,950 | $3,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brightwaters, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Brightwaters, NY is 89. This is a decrease of -28.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,100,000 | 25.0% |
Listing Count | 12 | 40.0% |
| Listings as % of Homes | 0.9% | 40.0% |
Days on Market | 89 | -28.0% |
Demographics — Brightwaters, NY
As of the latest ACS Survey released in 2023, Brightwaters, NY has a population of 3,180, which has increased by 3.8% over the past 5 years. Brightwaters, NY is a popular place for families, as children make up 28.6% of the population. The area has a highly educated workforce, with 57.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,180 | 3.8% |
% Under 18 | 28.6% | 27.7% |
% Seniors | 14.9% | -12.9% |
% WFH | 19.6% | 335.6% |
% w/ College Degree | 57.4% | -5.6% |
As of the latest ACS Survey released in 2023, Brightwaters, NY is a predominantly white area, with 84.9% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Brightwaters, NY is hispanic, making up 7.8% of the population. Foreign-born residents account for 4.4% of the population in Brightwaters, NY, and this percentage has decreased by 26.7% 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 | 84.9% | -1.4% |
% Black | 2.6% | 8.3% |
% Hispanic | 7.8% | 9.9% |
% Asian | 0.4% | -66.7% |
% Foreign Born | 4.4% | -26.7% |
Mortgage and Risk — Brightwaters, NY
According to HUD data as of 2023, there were 64 mortgage originations in Brightwaters, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Brightwaters, NY. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Brightwaters, NY
Brightwaters, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,040 |
| 2 Bedroom | N/A | N/A | $2,350 |
| 3 Bedroom | -$900 | $3,950 | $3,050 |
| 4 Bedroom | N/A | N/A | $3,260 |
Affordability — Brightwaters, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $807,000 |
| Median Household Income | $204,000 |