Nanuet, NY—10954
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nanuet, NY
As of Nov '25, the median home price in Nanuet, NY is $613,000, with a year-over-year change of -0.2%. This indicates that home prices in Nanuet, NY are flat. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $613,000 | -0.2% |
| Single Family | $661,000 | 0.3% |
| Condos | $428,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $342,000 | 0.0% |
2 Bed | $485,000 | 0.4% |
3 Bed | $628,000 | 1.5% |
4 Bed | $764,000 | 3.0% |
| 5 Bed | $849,421 | 2.9% |
% of Housing Stock
Rental Trends — Nanuet, NY
As of July '25, Rentcast reports the average rent in Nanuet, NY is $3,520, with a year-over-year rent change of 30.4%. Per bedroom, the median rent as of July '25 in Nanuet, NY is 1-bedrooms: $2,320, 2-bedrooms: $3,090, 3-bedrooms: $4,170, 4-bedrooms: $4,940. The most common rental property sizes in Nanuet, NY are 1-bedroom and 3-bedroom, accounting for 42.7% and 21.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,350 | $3,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,200 | $2,320 |
| 2 Bed Rent | $3,300 | $3,090 |
| 3 Bed Rent | $4,300 | $4,170 |
| 4 Bed Rent | $4,700 | $4,940 |
% of Rental Stock
Property Listings — Nanuet, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Nanuet, NY is 28. This is a increase of 36.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $610,000 | 28.0% |
Listing Count | 57 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 28 | 36.0% |
Demographics — Nanuet, NY
As of the latest ACS Survey released in 2023, Nanuet, NY has a population of 27,500, which has increased by 17.6% over the past 5 years. Nanuet, NY is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 46.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,500 | 17.6% |
% Under 18 | 20.8% | 0.0% |
% Seniors | 19.2% | -1.0% |
% WFH | 11.1% | 94.7% |
% w/ College Degree | 46.7% | -1.5% |
As of the latest ACS Survey released in 2023, Nanuet, NY is a predominantly white area, with 49.8% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Nanuet, NY is hispanic, making up 17.9% of the population. Foreign-born residents account for 27.2% of the population in Nanuet, NY, and this percentage has increased by 5.8% 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 | 49.8% | -12.5% |
% Black | 15.5% | 6.9% |
% Hispanic | 17.9% | 27.9% |
% Asian | 13.4% | 3.1% |
% Foreign Born | 27.2% | 5.8% |
Mortgage and Risk — Nanuet, NY
According to HUD data as of 2023, there were 214 mortgage originations in Nanuet, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Nanuet, NY. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 214 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Nanuet, NY
As of 2024, the percent of homes in Nanuet, NY under the Section 8 program is 10.2%. 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. In Nanuet, NY, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 358 |
Total Units Section 8 | 313 |
% Rentals under Section 8 | 10.2% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $990 | $2,200 | $3,190 |
| 2 Bedroom | $230 | $3,300 | $3,530 |
| 3 Bedroom | $100 | $4,300 | $4,400 |
| 4 Bedroom | $50 | $4,700 | $4,750 |
Affordability — Nanuet, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $613,000 |
| Median Household Income | $113,000 |