Ozone Park, New York, NY—11417
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Ozone Park, New York, NY
Home Price Trends — Ozone Park, New York, NY
As of Oct '25, the median home price in Ozone Park, New York, NY is $736,000, with a year-over-year change of 3.8%. This indicates that home prices in Ozone Park, New York, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $736,000 | 3.8% |
| Single Family | $744,000 | 3.0% |
| Condos | $511,000 | 8.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $658,000 | 0.9% |
3 Bed | $747,000 | 3.9% |
4 Bed | $804,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ozone Park, New York, NY
As of July '25, Rentcast reports the average rent in Ozone Park, New York, NY is $2,800, with a year-over-year rent change of 12.0%. Per bedroom, the median rent as of July '25 in Ozone Park, New York, NY is studios: $1,500, 1-bedrooms: $2,160, 2-bedrooms: $2,560, 3-bedrooms: $3,290. The most common rental property sizes in Ozone Park, New York, NY are 2-bedroom and 1-bedroom, accounting for 38.0% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,800 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $2,000 | $2,160 |
| 2 Bed Rent | $2,500 | $2,560 |
| 3 Bed Rent | $3,250 | $3,290 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ozone Park, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ozone Park, New York, NY is 52. This is a decrease of -8.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $815,000 | 3.0% |
Listing Count | 44 | 13.0% |
| Listings as % of Homes | 0.3% | 13.0% |
Days on Market | 52 | -8.0% |
Demographics — Ozone Park, New York, NY
As of the latest ACS Survey released in 2023, Ozone Park, New York, NY has a population of 30,100, which has decreased by -5.8% over the past 5 years. Ozone Park, New York, NY is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | -5.8% |
% Under 18 | 22.4% | 0.9% |
% Seniors | 15.6% | 24.8% |
% WFH | 7.9% | 243.5% |
% w/ College Degree | 24.7% | -0.4% |
As of the latest ACS Survey released in 2023, Ozone Park, New York, NY is a predominantly hispanic area, with 37.4% of the population identifying as hispanic. The hispanic population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Ozone Park, New York, NY is asian, making up 29.4% of the population. Foreign-born residents account for 44.2% of the population in Ozone Park, New York, NY, and this percentage has decreased by 1.6% 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 | 17.0% | -13.3% |
% Black | 7.4% | 0.0% |
% Hispanic | 37.4% | -2.9% |
% Asian | 29.4% | 1.4% |
% Foreign Born | 44.2% | -1.6% |
Mortgage and Risk — Ozone Park, New York, NY
According to HUD data as of 2023, there were 145 mortgage originations in Ozone Park, New York, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Ozone Park, New York, 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 | 145 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Ozone Park, New York, NY
Ozone Park, New York, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 194 |
Total Units Section 8 | 188 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $560 | $2,000 | $2,560 |
| 2 Bedroom | $330 | $2,500 | $2,830 |
| 3 Bedroom | $280 | $3,250 | $3,530 |
| 4 Bedroom | N/A | N/A | $3,810 |
Affordability — Ozone Park, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.9 |
| Median Home Price | $736,000 |
| Median Household Income | $86,300 |