East New York, New York, NY—11239

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$659,000
2.3% YoY Growth
Median Household Income
$35,700
31.6% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
0.3%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — East New York, New York, NY

As of Aug '25 and according to Realtor.com, the median days on market for a home in East New York, New York, NY is NA. This is an insufficient data of NA from last year. This indicates that homes are sitting on the market insufficient data to determine a trend than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.0%N/A
Days on Market
N/AN/A
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Demographics — East New York, New York, NY

MetricLatest CensusYoY % Change
Population
16,00021.2%
% Under 18
18.1%-9.5%
% Under 5N/AN/A
% Seniors
30.5%5.2%
% WFH
12.5%3,025.0%
% w/ College Degree
22.1%15.1%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
14.7%-21.8%
% Black
60.9%1.0%
% Hispanic
19.0%0.5%
% Asian
3.0%30.4%
% Foreign Born
33.1%11.8%
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Mortgage and Risk — East New York, New York, 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 East New York, New York, NY in that year was 13. 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 45.0%. Of those, 15.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in East New York, New York, NY. Investor activity in East New York, New York, NY is low, as 0.0% of all loans are originated by investors. In 2023, 8.0% 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
13N/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
8.0%N/AN/A
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Rentals and Section 8 — East New York, New York, NY

As of 2024, the percent of homes in East New York, New York, NY under the Section 8 program is 58.9%. This is considered high, suggesting that the neighborhood is heavily 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
5,128
Total Units Section 8
4,479
% Rentals under Section 8
58.9%
% Occupied Section 8
86.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$2,210
2 BedroomN/AN/A$2,480
3 BedroomN/AN/A$3,100
4 BedroomN/AN/A$3,330

Affordability — East New York, New York, NY

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio16.9N/AN/A
Median Home Price$659,000N/AN/A
Median Household Income$35,700N/AN/A

East New York, New York, NY — ZIP Code Boundary Map

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