Laurel, NY—11948
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laurel, NY
As of Oct '25, the median home price in Laurel, NY is $1,006,000, with a year-over-year change of 0.6%. This indicates that home prices in Laurel, NY are flat. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,006,000 | 0.6% |
| Single Family | $1,006,000 | 1.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laurel, NY
As of July '25, Rentcast reports the average rent in Laurel, NY is $8,330, with a year-over-year rent change of 4.8%. Per bedroom, the median rent as of July '25 in Laurel, NY is 3-bedrooms: $8,330. No data is available on rental property size distribution in Laurel, NY.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $8,500 | $8,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $8,500 | $8,330 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
No data available
Property Listings — Laurel, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Laurel, NY is 70. This is a decrease of -23.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,900,000 | 67.0% |
Listing Count | 13 | -11.0% |
| Listings as % of Homes | 0.7% | -11.0% |
Days on Market | 70 | -23.0% |
Demographics — Laurel, NY
As of the latest ACS Survey released in 2023, Laurel, NY has a population of 775, which has decreased by -15.9% over the past 5 years. Laurel, NY is a less popular place for families, as children make up 3.4% of the population. The area has a highly educated workforce, with 54.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 48.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 775 | -15.9% |
% Under 18 | 3.4% | -86.7% |
% Seniors | 14.5% | -21.2% |
% WFH | 48.0% | ∞% |
% w/ College Degree | 54.3% | 13.1% |
As of the latest ACS Survey released in 2023, Laurel, NY is a predominantly white area, with 99.5% of the population identifying as white. The white population has grown by 39.9% in the last 5 years. The second most common race or ethnicity in Laurel, NY is black, making up 0.5% of the population. Foreign-born residents account for 3.0% of the population in Laurel, NY, and this percentage has decreased by 43.4% 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 | 99.5% | 39.9% |
% Black | 0.5% | ∞% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.0% | -43.4% |
Mortgage and Risk — Laurel, NY
Laurel, NY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Laurel, NY
Laurel, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,930 |
| 2 Bedroom | N/A | N/A | $2,260 |
| 3 Bedroom | -$5,570 | $8,500 | $2,930 |
| 4 Bedroom | N/A | N/A | $3,170 |
Affordability — Laurel, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $1,006,000 |
| Median Household Income | $146,000 |