Massapequa, NY—11758
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Massapequa, NY
As of Oct '25, the median home price in Massapequa, NY is $781,000, with a year-over-year change of 2.2%. This indicates that home prices in Massapequa, 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 | $781,000 | 2.2% |
| Single Family | $783,000 | 1.7% |
| Condos | $650,000 | 1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $661,000 | 1.8% |
3 Bed | $771,000 | 0.9% |
4 Bed | $847,000 | 1.2% |
| 5 Bed | $980,000 | 1.2% |
% of Housing Stock
Rental Trends — Massapequa, NY
As of July '25, Rentcast reports the average rent in Massapequa, NY is $3,990, with a year-over-year rent change of 6.1%. Per bedroom, the median rent as of July '25 in Massapequa, NY is 1-bedrooms: $2,510, 2-bedrooms: $3,430, 3-bedrooms: $4,140, 4-bedrooms: $5,250. The most common rental property sizes in Massapequa, NY are 3-bedroom and 2-bedroom, accounting for 26.4% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,650 | $3,990 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,250 | $2,510 |
| 2 Bed Rent | $3,600 | $3,430 |
| 3 Bed Rent | $4,200 | $4,140 |
| 4 Bed Rent | $5,250 | $5,250 |
% of Rental Stock
Property Listings — Massapequa, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Massapequa, NY is 46. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $849,000 | 8.0% |
Listing Count | 153 | 21.0% |
| Listings as % of Homes | 0.5% | 21.0% |
Days on Market | 46 | 1.0% |
Demographics — Massapequa, NY
As of the latest ACS Survey released in 2023, Massapequa, NY has a population of 54,700, which has increased by 2.5% over the past 5 years. Massapequa, NY is a moderately popular place for families, as children make up 20.0% of the population. The area has a highly educated workforce, with 49.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,700 | 2.5% |
% Under 18 | 20.0% | -1.5% |
% Seniors | 19.3% | 4.3% |
% WFH | 13.8% | 392.9% |
% w/ College Degree | 49.5% | 16.2% |
As of the latest ACS Survey released in 2023, Massapequa, NY is a predominantly white area, with 79.5% of the population identifying as white. The white population has shrunk by 8.4% in the last 5 years. The second most common race or ethnicity in Massapequa, NY is hispanic, making up 11.4% of the population. Foreign-born residents account for 8.2% of the population in Massapequa, NY, and this percentage has increased by 15.5% 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 | 79.5% | -8.4% |
% Black | 5.8% | 26.1% |
% Hispanic | 11.4% | 81.0% |
% Asian | 1.6% | 0.0% |
% Foreign Born | 8.2% | 15.5% |
Mortgage and Risk — Massapequa, NY
According to HUD data as of 2023, there were 688 mortgage originations in Massapequa, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Massapequa, NY. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 688 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Massapequa, NY
As of 2024, the percent of homes in Massapequa, NY under the Section 8 program is 1.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Massapequa, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 257 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $2,250 | $2,500 |
| 2 Bedroom | -$710 | $3,600 | $2,890 |
| 3 Bedroom | -$450 | $4,200 | $3,750 |
| 4 Bedroom | -$1,240 | $5,250 | $4,010 |
Affordability — Massapequa, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $781,000 |
| Median Household Income | $157,000 |