Rocky Point, NY11778

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$533,000
4.5% YoY Growth
Median Household Income
$120,000
29.0% 5-Year Growth
Days on Market
44
19.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$2,800
7.7% YoY Growth
1-Bed Rent
$2,370
2.2% YoY Growth
2-Bed Rent
$3,000
11.9% YoY Growth
3-Bed Rent
$3,000
N/A

Property Listings — Rocky Point, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Rocky Point, NY is 44. This is a increase of 19.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$560,0009.0%
Listing Count
8339.0%
Listings as % of Homes0.6%39.0%
Days on Market
4419.0%
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Demographics — Rocky Point, NY

As of the latest ACS Survey released in 2023, Rocky Point, NY has a population of 12,900, which has increased by 11.0% over the past 5 years. Rocky Point, NY is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 40.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
12,90011.0%
% Under 18
23.6%-4.1%
% Seniors
13.3%10.8%
% WFH
7.8%766.7%
% w/ College Degree
40.4%18.5%
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As of the latest ACS Survey released in 2023, Rocky Point, NY is a predominantly white area, with 76.3% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Rocky Point, NY is hispanic, making up 17.9% of the population. Foreign-born residents account for 4.9% of the population in Rocky Point, NY, and this percentage has decreased by 31.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
76.3%-12.0%
% Black
0.6%0.0%
% Hispanic
17.9%126.6%
% Asian
0.9%50.0%
% Foreign Born
4.9%-31.9%
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Mortgage and Risk — Rocky Point, NY

According to HUD data as of 2023, there were 263 mortgage originations in Rocky Point, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Rocky Point, NY. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
263
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
2.0%
% Second Loans
2.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Rocky Point, NY

As of 2024, the percent of homes in Rocky Point, NY under the Section 8 program is 10.5%. 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. In Rocky Point, 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
35
Total Units Section 8
33
% Rentals under Section 8
10.5%
% Occupied Section 8
89.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$440$2,370$1,930
2 Bedroom-$740$3,000$2,260
3 Bedroom-$70$3,000$2,930
4 Bedroom-$4,330$7,500$3,170

Affordability — Rocky Point, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$533,000
Median Household Income$120,000

Rocky Point, NY — ZIP Code Boundary Map

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Frequently Asked Questions