Nassau, NY—12123
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nassau, NY
As of Oct '25, the median home price in Nassau, NY is $310,000, with a year-over-year change of 2.7%. This indicates that home prices in Nassau, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $310,000 | 2.7% |
| Single Family | $310,000 | 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 | $225,000 | 0.9% |
3 Bed | $321,000 | 3.5% |
4 Bed | $403,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nassau, NY
As of July '25, Rentcast reports the average rent in Nassau, NY is $1,480, with a year-over-year rent change of -29.9%. Per bedroom, the median rent as of July '25 in Nassau, NY is studios: $1,000, 1-bedrooms: $1,170, 3-bedrooms: $2,900. The most common rental property sizes in Nassau, NY are 2-bedroom and 3-bedroom, accounting for 48.9% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,170 | $1,480 |
| Studio Rent | $1,000 | $1,000 |
| 1 Bed Rent | $1,170 | $1,170 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,900 | $2,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Nassau, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Nassau, NY is 65. This is a decrease of -15.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $322,000 | -8.0% |
Listing Count | 17 | 9.0% |
| Listings as % of Homes | 0.6% | 9.0% |
Days on Market | 65 | -15.0% |
Demographics — Nassau, NY
As of the latest ACS Survey released in 2023, Nassau, NY has a population of 4,850, which has decreased by -11.6% over the past 5 years. Nassau, NY is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 39.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,850 | -11.6% |
% Under 18 | 21.6% | -3.6% |
% Seniors | 18.8% | 41.4% |
% WFH | 11.5% | 202.6% |
% w/ College Degree | 39.3% | 29.3% |
As of the latest ACS Survey released in 2023, Nassau, NY is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Nassau, NY is hispanic, making up 4.1% of the population. Foreign-born residents account for 0.5% of the population in Nassau, NY, and this percentage has decreased by 50.0% 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 | 89.5% | -2.9% |
% Black | 0.3% | -88.0% |
% Hispanic | 4.1% | 355.6% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.5% | -50.0% |
Mortgage and Risk — Nassau, NY
According to HUD data as of 2023, there were 174 mortgage originations in Nassau, NY, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Nassau, NY. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 174 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Nassau, NY
Nassau, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 47 |
Total Units Section 8 | 46 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 64.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$150 | $1,170 | $1,020 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | -$1,400 | $2,900 | $1,500 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Nassau, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $310,000 |
| Median Household Income | $104,000 |