Syosset, NY—11791
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Syosset, NY
As of Oct '25, the median home price in Syosset, NY is $1,139,000, with a year-over-year change of 3.5%. This indicates that home prices in Syosset, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,139,000 | 3.5% |
| Single Family | $1,149,000 | 3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,007,000 | 2.7% |
4 Bed | $1,221,000 | 2.8% |
| 5 Bed | $1,925,000 | 3.4% |
% of Housing Stock
Rental Trends — Syosset, NY
As of July '25, Rentcast reports the average rent in Syosset, NY is $4,880, with a year-over-year rent change of 0.2%. Per bedroom, the median rent as of July '25 in Syosset, NY is 1-bedrooms: $2,480, 2-bedrooms: $3,390, 3-bedrooms: $4,930, 4-bedrooms: $5,920. The most common rental property sizes in Syosset, NY are 3-bedroom and studio, accounting for 34.7% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $4,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,100 | $2,480 |
| 2 Bed Rent | $3,000 | $3,390 |
| 3 Bed Rent | $4,950 | $4,930 |
| 4 Bed Rent | $6,000 | $5,920 |
% of Rental Stock
Property Listings — Syosset, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Syosset, NY is 65. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter 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 | $1,880,000 | 20.0% |
Listing Count | 105 | 3.0% |
| Listings as % of Homes | 1.1% | 3.0% |
Days on Market | 65 | -18.0% |
Demographics — Syosset, NY
As of the latest ACS Survey released in 2023, Syosset, NY has a population of 25,200, which has decreased by -3.5% over the past 5 years. Syosset, NY is a popular place for families, as children make up 28.8% of the population. The area has a highly educated workforce, with 70.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,200 | -3.5% |
% Under 18 | 28.8% | 9.9% |
% Seniors | 15.1% | -7.9% |
% WFH | 23.7% | 238.6% |
% w/ College Degree | 70.6% | 7.6% |
As of the latest ACS Survey released in 2023, Syosset, NY is a predominantly white area, with 58.4% of the population identifying as white. The white population has shrunk by 12.8% in the last 5 years. The second most common race or ethnicity in Syosset, NY is asian, making up 32.8% of the population. Foreign-born residents account for 24.0% of the population in Syosset, NY, and this percentage has increased by 0.4% 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 | 58.4% | -12.8% |
% Black | 1.1% | -21.4% |
% Hispanic | 5.1% | 15.9% |
% Asian | 32.8% | 27.6% |
% Foreign Born | 24.0% | 0.4% |
Mortgage and Risk — Syosset, NY
According to HUD data as of 2023, there were 326 mortgage originations in Syosset, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Syosset, NY. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 326 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Syosset, NY
As of 2024, the percent of homes in Syosset, NY under the Section 8 program is 0.0%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Syosset, NY, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 99 |
Total Units Section 8 | 0 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,260 | $2,100 | $3,360 |
| 2 Bedroom | $880 | $3,000 | $3,880 |
| 3 Bedroom | $80 | $4,950 | $5,030 |
| 4 Bedroom | -$610 | $6,000 | $5,390 |
Affordability — Syosset, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $1,139,000 |
| Median Household Income | $204,000 |