Mineola, NY—11501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mineola, NY
As of Oct '25, the median home price in Mineola, NY is $815,000, with a year-over-year change of 4.3%. This indicates that home prices in Mineola, NY are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $815,000 | 4.3% |
| Single Family | $824,000 | 4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $522,000 | 2.6% |
3 Bed | $820,000 | 2.9% |
4 Bed | $872,000 | 2.7% |
| 5 Bed | $954,000 | 2.5% |
% of Housing Stock
Rental Trends — Mineola, NY
As of July '25, Rentcast reports the average rent in Mineola, NY is $3,940, with a year-over-year rent change of 13.2%. Per bedroom, the median rent as of July '25 in Mineola, NY is studios: $2,270, 1-bedrooms: $3,400, 2-bedrooms: $4,410, 3-bedrooms: $5,530, 4-bedrooms: $5,330. The most common rental property sizes in Mineola, NY are 1-bedroom and 2-bedroom, accounting for 49.8% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,950 | $3,940 |
| Studio Rent | $1,740 | $2,270 |
| 1 Bed Rent | $3,380 | $3,400 |
| 2 Bed Rent | $4,300 | $4,410 |
| 3 Bed Rent | $4,500 | $5,530 |
| 4 Bed Rent | $5,500 | $5,330 |
% of Rental Stock
Property Listings — Mineola, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Mineola, NY is 26. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $850,000 | 7.0% |
Listing Count | 55 | 28.0% |
| Listings as % of Homes | 0.5% | 28.0% |
Days on Market | 26 | 1.0% |
Demographics — Mineola, NY
As of the latest ACS Survey released in 2023, Mineola, NY has a population of 21,600, which has increased by 11.3% over the past 5 years. Mineola, NY is a moderately popular place for families, as children make up 18.6% of the population. The area has a highly educated workforce, with 54.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,600 | 11.3% |
% Under 18 | 18.6% | 5.7% |
% Seniors | 16.5% | -8.3% |
% WFH | 15.7% | 1,107.7% |
% w/ College Degree | 54.8% | 32.7% |
As of the latest ACS Survey released in 2023, Mineola, NY is a predominantly white area, with 62.7% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Mineola, NY is hispanic, making up 16.2% of the population. Foreign-born residents account for 28.6% of the population in Mineola, NY, and this percentage has increased by 0.4% 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 | 62.7% | -9.4% |
% Black | 1.7% | -26.1% |
% Hispanic | 16.2% | -10.0% |
% Asian | 14.1% | 60.2% |
% Foreign Born | 28.6% | 0.4% |
Mortgage and Risk — Mineola, NY
According to HUD data as of 2023, there were 204 mortgage originations in Mineola, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Mineola, 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 | 204 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Mineola, NY
As of 2024, the percent of homes in Mineola, NY under the Section 8 program is 0.9%. 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 Mineola, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,150 | $3,380 | $2,230 |
| 2 Bedroom | -$1,730 | $4,300 | $2,570 |
| 3 Bedroom | -$1,170 | $4,500 | $3,330 |
| 4 Bedroom | -$1,930 | $5,500 | $3,570 |
Affordability — Mineola, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $815,000 |
| Median Household Income | $138,000 |