Hauppauge, NY—11788
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hauppauge, NY
As of Oct '25, the median home price in Hauppauge, NY is $769,000, with a year-over-year change of 2.4%. This indicates that home prices in Hauppauge, 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 | $769,000 | 2.4% |
| Single Family | $775,000 | 2.4% |
| Condos | $628,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $638,000 | 5.6% |
3 Bed | $733,000 | 4.0% |
4 Bed | $824,000 | 2.9% |
| 5 Bed | $905,000 | 1.9% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Hauppauge, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Hauppauge, NY is 63. This is a increase of 43.0% 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 | $849,000 | 15.0% |
Listing Count | 42 | 34.0% |
| Listings as % of Homes | 0.4% | 34.0% |
Days on Market | 63 | 43.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Hauppauge, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $769,000 |
| Median Household Income | $149,000 |