Cambria Heights, New York, NY11429

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$731,000
6.0% YoY Growth
Median Household Income
$98,200
18.0% 5-Year Growth
Days on Market
75
2.0% Shorter than last year
Home Price Forecast
1.5%
Median Rent
$3,500
17.7% YoY Growth
1-Bed Rent
$1,650
2.6% YoY Growth
2-Bed Rent
$2,500
9.1% YoY Growth
3-Bed Rent
$3,500
18.6% YoY Growth

Property Listings — Cambria Heights, New York, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Cambria Heights, New York, NY is 75. This is a decrease of -2.0% 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 5.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$799,0008.0%
Listing Count
8453.0%
Listings as % of Homes0.8%53.0%
Days on Market
75-2.0%
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Demographics — Cambria Heights, New York, NY

As of the latest ACS Survey released in 2023, Cambria Heights, New York, NY has a population of 27,900, which has increased by 1.9% over the past 5 years. Cambria Heights, New York, NY is a moderately popular place for families, as children make up 18.0% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
27,9001.9%
% Under 18
18.0%-7.7%
% Seniors
19.0%31.0%
% WFH
12.7%477.3%
% w/ College Degree
26.8%2.3%
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As of the latest ACS Survey released in 2023, Cambria Heights, New York, NY is a predominantly black area, with 66.5% of the population identifying as black. The black population has shrunk by 12.7% in the last 5 years. The second most common race or ethnicity in Cambria Heights, New York, NY is hispanic, making up 15.2% of the population. Foreign-born residents account for 45.7% of the population in Cambria Heights, New York, NY, and this percentage has increased by 5.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
3.0%87.5%
% Black
66.5%-12.7%
% Hispanic
15.2%22.6%
% Asian
6.7%63.4%
% Foreign Born
45.7%5.1%
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Mortgage and Risk — Cambria Heights, New York, NY

According to HUD data as of 2023, there were 191 mortgage originations in Cambria Heights, New York, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Cambria Heights, New York, NY. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
191
% Conventional Loans
75.0%
% Government Loans
25.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
16.0%

Loan Activity

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Rentals and Section 8 — Cambria Heights, New York, NY

As of 2024, the percent of homes in Cambria Heights, New York, NY under the Section 8 program is 4.5%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Cambria Heights, New York, NY, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
132
Total Units Section 8
105
% Rentals under Section 8
4.5%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$630$1,650$2,280
2 Bedroom$20$2,500$2,520
3 Bedroom-$360$3,500$3,140
4 Bedroom-$1,460$4,850$3,390

Affordability — Cambria Heights, New York, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.6
Median Home Price$731,000
Median Household Income$98,200

Cambria Heights, New York, NY — ZIP Code Boundary Map

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Frequently Asked Questions