Selden, NY—11784
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Selden, NY
As of Oct '25, the median home price in Selden, NY is $579,000, with a year-over-year change of 5.3%. This indicates that home prices in Selden, NY are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $579,000 | 5.3% |
| Single Family | $583,000 | 5.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $432,000 | 5.4% |
3 Bed | $567,000 | 5.2% |
4 Bed | $615,000 | 3.9% |
| 5 Bed | $641,000 | 4.6% |
% of Housing Stock
Rental Trends — Selden, NY
As of July '25, Rentcast reports the average rent in Selden, NY is $3,360, with a year-over-year rent change of 24.4%. Per bedroom, the median rent as of July '25 in Selden, NY is 1-bedrooms: $2,200, 2-bedrooms: $3,410, 3-bedrooms: $3,840, 4-bedrooms: $4,500. The most common rental property sizes in Selden, NY are 1-bedroom and 3-bedroom, accounting for 35.5% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,560 | $3,360 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,200 |
| 2 Bed Rent | $3,560 | $3,410 |
| 3 Bed Rent | $3,600 | $3,840 |
| 4 Bed Rent | $4,500 | $4,500 |
% of Rental Stock
Property Listings — Selden, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Selden, NY is 30. This is a increase of 29.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | 3.0% |
Listing Count | 78 | 16.0% |
| Listings as % of Homes | 0.6% | 16.0% |
Days on Market | 30 | 29.0% |
Demographics — Selden, NY
As of the latest ACS Survey released in 2023, Selden, NY has a population of 26,000, which has increased by 4.0% over the past 5 years. Selden, NY is a moderately popular place for families, as children make up 21.4% of the population. The area has a moderately educated workforce, with 29.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,000 | 4.0% |
% Under 18 | 21.4% | -2.3% |
% Seniors | 14.9% | 15.5% |
% WFH | 7.0% | 191.7% |
% w/ College Degree | 29.6% | 13.0% |
As of the latest ACS Survey released in 2023, Selden, NY is a predominantly white area, with 64.2% of the population identifying as white. The white population has shrunk by 10.1% in the last 5 years. The second most common race or ethnicity in Selden, NY is hispanic, making up 20.9% of the population. Foreign-born residents account for 13.1% of the population in Selden, NY, and this percentage has decreased by 3.0% 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 | 64.2% | -10.1% |
% Black | 4.4% | -21.4% |
% Hispanic | 20.9% | 40.3% |
% Asian | 7.3% | 23.7% |
% Foreign Born | 13.1% | -3.0% |
Mortgage and Risk — Selden, NY
According to HUD data as of 2023, there were 364 mortgage originations in Selden, NY, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Selden, NY. Investor activity is low, as 1.0% 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 | 364 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Selden, NY
As of 2024, the percent of homes in Selden, NY under the Section 8 program is 20.0%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Selden, 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 | 276 |
Total Units Section 8 | 247 |
% Rentals under Section 8 | 20.0% |
% Occupied Section 8 | 95.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $2,200 | $2,260 |
| 2 Bedroom | -$950 | $3,560 | $2,610 |
| 3 Bedroom | -$220 | $3,600 | $3,380 |
| 4 Bedroom | -$880 | $4,500 | $3,620 |
Affordability — Selden, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $579,000 |
| Median Household Income | $105,000 |