Nesconset, NY—11767
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nesconset, NY
As of Oct '25, the median home price in Nesconset, NY is $749,000, with a year-over-year change of 5.9%. This indicates that home prices in Nesconset, NY are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $749,000 | 5.9% |
| Single Family | $751,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $562,000 | 6.8% |
3 Bed | $699,000 | 6.6% |
4 Bed | $806,000 | 6.6% |
| 5 Bed | $864,000 | 6.1% |
% of Housing Stock
Rental Trends — Nesconset, NY
As of July '25, Rentcast reports the average rent in Nesconset, NY is $3,090, with a year-over-year rent change of 22.1%. Per bedroom, the median rent as of July '25 in Nesconset, NY is studios: $2,300, 1-bedrooms: $2,300, 2-bedrooms: $2,800, 3-bedrooms: $3,950, 4-bedrooms: $5,550. The most common rental property sizes in Nesconset, NY are 1-bedroom and 2-bedroom, accounting for 58.2% and 20.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,660 | $3,090 |
| Studio Rent | $2,300 | $2,300 |
| 1 Bed Rent | $2,330 | $2,300 |
| 2 Bed Rent | $2,800 | $2,800 |
| 3 Bed Rent | $3,950 | $3,950 |
| 4 Bed Rent | $5,300 | $5,550 |
% of Rental Stock
Property Listings — Nesconset, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Nesconset, NY is 59. This is a increase of 96.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $784,000 | 3.0% |
Listing Count | 42 | -11.0% |
| Listings as % of Homes | 0.9% | -11.0% |
Days on Market | 59 | 96.0% |
Demographics — Nesconset, NY
As of the latest ACS Survey released in 2023, Nesconset, NY has a population of 14,500, which has decreased by -8.2% over the past 5 years. Nesconset, NY is a moderately popular place for families, as children make up 18.5% of the population. The area has a highly educated workforce, with 47.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,500 | -8.2% |
% Under 18 | 18.5% | -27.2% |
% Seniors | 13.7% | -23.9% |
% WFH | 15.3% | 313.5% |
% w/ College Degree | 47.2% | 1.5% |
As of the latest ACS Survey released in 2023, Nesconset, NY is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 10.9% in the last 5 years. The second most common race or ethnicity in Nesconset, NY is hispanic, making up 11.9% of the population. Foreign-born residents account for 11.1% of the population in Nesconset, NY, and this percentage has increased by 9.9% 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 | 76.0% | -10.9% |
% Black | 3.2% | 100.0% |
% Hispanic | 11.9% | 21.4% |
% Asian | 5.9% | 90.3% |
% Foreign Born | 11.1% | 9.9% |
Mortgage and Risk — Nesconset, NY
According to HUD data as of 2023, there were 253 mortgage originations in Nesconset, NY, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Nesconset, NY. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 253 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Nesconset, NY
As of 2024, the percent of homes in Nesconset, NY under the Section 8 program is 3.2%. 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 Nesconset, 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 | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $2,330 | $2,370 |
| 2 Bedroom | -$60 | $2,800 | $2,740 |
| 3 Bedroom | -$400 | $3,950 | $3,550 |
| 4 Bedroom | -$1,490 | $5,300 | $3,810 |
Affordability — Nesconset, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $749,000 |
| Median Household Income | $149,000 |