Hunters Point, NY11109

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,070,000
N/A
Median Household Income
$199,000
33.8% 5-Year Growth
Days on Market
102
133.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$5,000
5.4% YoY Growth
1-Bed Rent
$4,500
11.2% YoY Growth
2-Bed Rent
$6,200
4.9% YoY Growth
3-Bed Rent
$7,720
1.0% YoY Growth

Property Listings — Hunters Point, NY

As of Aug '25 and according to Realtor.com, the median days on market for a home in Hunters Point, NY is 102. This is an increase of 133.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,070,00052.0%
Listing Count
14N/A
Listings as % of HomesN/AN/A
Days on Market
102133.0%
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Demographics — Hunters Point, NY

MetricLatest CensusYoY % Change
Population
7,39023.5%
% Under 18
19.1%30.8%
% Under 5N/AN/A
% Seniors
5.0%194.1%
% WFH
27.7%1,219.0%
% w/ College Degree
87.2%4.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
59.8%-3.9%
% Black
0.6%-86.7%
% Hispanic
5.1%-8.9%
% Asian
27.9%11.2%
% Foreign Born
37.0%-2.4%
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Mortgage and Risk — Hunters Point, NY

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Hunters Point, NY in that year was 6. 100.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 57.0%. Of those, 0.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Hunters Point, NY. Investor activity in Hunters Point, NY is low, as 0.0% of all loans are originated by investors. In 2023, 0.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
6N/AN/A
% Conventional Loans
100.0%N/AN/A
% Government Loans
0.0%N/AN/A
% Investor Loans
0.0%N/AN/A
% Second Loans
0.0%N/AN/A
% Cash Out Refinance
0.0%N/AN/A
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Rentals and Section 8 — Hunters Point, NY

As of 2024, the percent of homes in Hunters Point, NY under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
117
Total Units Section 8
117
% Rentals under Section 8
N/A
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$1,180$4,500$3,320
2 Bedroom-$2,480$6,200$3,720
3 Bedroom-$3,080$7,720$4,640
4 BedroomN/AN/A$5,000

Affordability — Hunters Point, NY

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income RatioN/AN/AN/A
Median Home PriceN/AN/AN/A
Median Household Income$199,000N/AN/A

Hunters Point, NY — ZIP Code Boundary Map

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