Hauppauge, NY 11788 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hauppauge, NY—11788

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$800,000

6.0% YoY Growth

Household Income

$149,000

36.6% YoY Growth

Days on Market

54.0% Longer YoY

Home Price Forecast

1.1%

Median Rent

$2,650

4.0% YoY Growth

1-Bed Rent

$2,640

7.8% YoY Growth

2-Bed Rent

$3,150

19.7% YoY Growth

3-Bed Rent

$3,500

0.0% YoY Growth

Home Price Trends — Hauppauge, NY

As of May '26, the median home price in Hauppauge, NY is $800,000, with a year-over-year change of 6.0%. This indicates that home prices in Hauppauge, NY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$800,000	6.0%
Single Family	$806,000	5.8%
Condos	$647,000	8.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hauppauge, NY

As of July '25, Rentcast reports the average rent in Hauppauge, NY is $2,860, with a year-over-year rent change of -4.0%. Per bedroom, the median rent as of July '25 in Hauppauge, NY is studios: $2,210, 1-bedrooms: $2,620, 2-bedrooms: $3,760, 3-bedrooms: $3,500, 4-bedrooms: $5,000. The most common rental property sizes in Hauppauge, NY are 1-bedroom and 2-bedroom, accounting for 52.8% and 17.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,650	$2,860
Studio Rent	$2,210	$2,210
1 Bed Rent	$2,640	$2,620
2 Bed Rent	$3,150	$3,760
3 Bed Rent	$3,500	$3,500
4 Bed Rent	$5,000	$5,000

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% of Rental Stock

Studio

6.8%

1 Bedroom

52.8%

2 Bedrooms

17.7%

3 Bedrooms

16.2%

4 Bedrooms

5.4%

5+ Bedrooms

1.0%

Property Listings — Hauppauge, NY

As of May '26, Realtor.com reports that the median days on market for a home in Hauppauge, NY is 26. This is a increase of 54.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$799,000	-2.0%
Listing Count	34	-38.0%
Listings as % of Homes	0.4%	-38.0%
Days on Market	26	54.0%

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Demographics — Hauppauge, NY

As of the latest ACS Survey released in 2023, Hauppauge, NY has a population of 17,100, which has increased by 5.3% over the past 5 years. Hauppauge, NY is a moderately popular place for families, as children make up 19.3% of the population. The area has a highly educated workforce, with 49.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,100	5.3%
% Under 18	19.3%	-5.9%
% Seniors	16.4%	-7.3%
% WFH	10.0%	270.4%
% w/ College Degree	49.7%	6.9%

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As of the latest ACS Survey released in 2023, Hauppauge, NY is a predominantly white area, with 74.1% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Hauppauge, NY is hispanic, making up 11.2% of the population. Foreign-born residents account for 11.9% of the population in Hauppauge, NY, and this percentage has decreased by 9.2% 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	74.1%	-4.9%
% Black	1.3%	-70.5%
% Hispanic	11.2%	15.5%
% Asian	9.1%	23.0%
% Foreign Born	11.9%	-9.2%

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Mortgage and Risk — Hauppauge, NY

According to HUD data as of 2023, there were 220 mortgage originations in Hauppauge, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Hauppauge, NY. Investor activity is low, as 0.0% 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	220
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Hauppauge, NY

As of 2024, the percent of homes in Hauppauge, NY under the Section 8 program is 2.7%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hauppauge, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	28
Total Units Section 8	25
% Rentals under Section 8	2.7%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$10	$2,640	$2,630
2 Bedroom	-$120	$3,150	$3,030
3 Bedroom	$430	$3,500	$3,930
4 Bedroom	-$790	$5,000	$4,210

Hauppauge, NY—11788

Key Metrics at a Glance

Home Price Trends — Hauppauge, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hauppauge, NY

% of Rental Stock

Property Listings — Hauppauge, NY

Demographics — Hauppauge, NY

Race and Ethnicity

Mortgage and Risk — Hauppauge, NY

Mortgages

Rentals and Section 8 — Hauppauge, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Hauppauge, NY

Home Price to Income Ratio

Hauppauge, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Smithtown, NY

Central Islip, NY

Islandia, NY

Commack, NY

Islip Terrace, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.2
Median Home Price	$800,000
Median Household Income	$149,000

Hauppauge, NY—11788

Key Metrics at a Glance

Home Price Trends — Hauppauge, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hauppauge, NY

% of Rental Stock

Property Listings — Hauppauge, NY

Demographics — Hauppauge, NY

Race and Ethnicity

Mortgage and Risk — Hauppauge, NY

Mortgages

Rentals and Section 8 — Hauppauge, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Hauppauge, NY

Home Price to Income Ratio

Hauppauge, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Smithtown, NY

Central Islip, NY

Islandia, NY

Commack, NY

Islip Terrace, NY

Frequently Asked Questions

What is the average home price in Hauppauge, NY 11788?

How have home prices in Hauppauge, NY 11788 changed over the past year?

What is the home price projection for Hauppauge, NY 11788?

What are the demographics of Hauppauge, NY 11788?

How long does it take homes to sell in Hauppauge, NY 11788?

What is the average rent price in Hauppauge, NY 11788?