Greenlawn, NY—11740
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenlawn, NY
As of Oct '25, the median home price in Greenlawn, NY is $832,000, with a year-over-year change of 8.6%. This indicates that home prices in Greenlawn, 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 | $832,000 | 8.6% |
| Single Family | $832,000 | 7.4% |
| 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 | $763,000 | 4.7% |
4 Bed | $924,000 | 6.0% |
| 5 Bed | $1,121,000 | 4.3% |
% of Housing Stock
Rental Trends — Greenlawn, NY
As of July '25, Rentcast reports the average rent in Greenlawn, NY is $3,890, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in Greenlawn, NY is 1-bedrooms: $2,300, 2-bedrooms: $2,800, 3-bedrooms: $4,000, 4-bedrooms: $5,280. The most common rental property sizes in Greenlawn, NY are 1-bedroom and studio, accounting for 60.9% and 13.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $3,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,300 | $2,300 |
| 2 Bed Rent | $2,800 | $2,800 |
| 3 Bed Rent | $4,000 | $4,000 |
| 4 Bed Rent | $4,800 | $5,280 |
% of Rental Stock
Property Listings — Greenlawn, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenlawn, NY is 24. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer 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 | $824,000 | 7.0% |
Listing Count | 25 | 56.0% |
| Listings as % of Homes | 0.4% | 56.0% |
Days on Market | 24 | 45.0% |
Demographics — Greenlawn, NY
As of the latest ACS Survey released in 2023, Greenlawn, NY has a population of 10,700, which has increased by 18.0% over the past 5 years. Greenlawn, NY is a moderately popular place for families, as children make up 21.7% of the population. The area has a highly educated workforce, with 57.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,700 | 18.0% |
% Under 18 | 21.7% | -3.6% |
% Seniors | 21.1% | 1.4% |
% WFH | 18.4% | 441.2% |
% w/ College Degree | 57.0% | 8.2% |
As of the latest ACS Survey released in 2023, Greenlawn, NY is a predominantly white area, with 69.6% of the population identifying as white. The white population has shrunk by 21.9% in the last 5 years. The second most common race or ethnicity in Greenlawn, NY is black, making up 12.2% of the population. Foreign-born residents account for 13.9% of the population in Greenlawn, NY, and this percentage has increased by 58.0% 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 | 69.6% | -21.9% |
% Black | 12.2% | 281.2% |
% Hispanic | 11.6% | 404.3% |
% Asian | 3.6% | 9.1% |
% Foreign Born | 13.9% | 58.0% |
Mortgage and Risk — Greenlawn, NY
According to HUD data as of 2023, there were 122 mortgage originations in Greenlawn, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Greenlawn, NY. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 122 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Greenlawn, NY
As of 2024, the percent of homes in Greenlawn, NY under the Section 8 program is 54.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Greenlawn, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 456 |
Total Units Section 8 | 385 |
% Rentals under Section 8 | 54.5% |
% Occupied Section 8 | 97.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$200 | $2,300 | $2,100 |
| 2 Bedroom | -$380 | $2,800 | $2,420 |
| 3 Bedroom | -$860 | $4,000 | $3,140 |
| 4 Bedroom | -$1,440 | $4,800 | $3,360 |
Affordability — Greenlawn, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $832,000 |
| Median Household Income | $162,000 |