Carle Place, NY—11514
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carle Place, NY
As of Oct '25, the median home price in Carle Place, NY is $818,000, with a year-over-year change of 4.4%. This indicates that home prices in Carle Place, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $818,000 | 4.4% |
| Single Family | $818,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $817,000 | 3.5% |
4 Bed | $868,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carle Place, NY
As of July '25, Rentcast reports the average rent in Carle Place, NY is $2,690, with a year-over-year rent change of -37.4%. Per bedroom, the median rent as of July '25 in Carle Place, NY is studios: $2,180, 1-bedrooms: $2,300, 3-bedrooms: $3,600. The most common rental property sizes in Carle Place, NY are 1-bedroom and 2-bedroom, accounting for 61.6% and 12.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,690 |
| Studio Rent | $2,180 | $2,180 |
| 1 Bed Rent | $2,300 | $2,300 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $3,600 | $3,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Carle Place, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Carle Place, NY is 67. This is a increase of 86.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $826,000 | -18.0% |
Listing Count | 15 | 70.0% |
| Listings as % of Homes | 0.2% | 70.0% |
Days on Market | 67 | 86.0% |
Demographics — Carle Place, NY
As of the latest ACS Survey released in 2023, Carle Place, NY has a population of 4,420, which has decreased by -3.8% over the past 5 years. Carle Place, NY is a moderately popular place for families, as children make up 19.2% of the population. The area has a highly educated workforce, with 50.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,420 | -3.8% |
% Under 18 | 19.2% | 4.3% |
% Seniors | 16.6% | -20.2% |
% WFH | 14.7% | 880.0% |
% w/ College Degree | 50.2% | 36.0% |
As of the latest ACS Survey released in 2023, Carle Place, NY is a predominantly white area, with 68.3% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in Carle Place, NY is asian, making up 13.4% of the population. Foreign-born residents account for 24.4% of the population in Carle Place, NY, and this percentage has increased by 17.9% 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 | 68.3% | 3.2% |
% Black | 2.4% | 100.0% |
% Hispanic | 11.6% | -35.6% |
% Asian | 13.4% | 2.3% |
% Foreign Born | 24.4% | 17.9% |
Mortgage and Risk — Carle Place, NY
According to HUD data as of 2023, there were 51 mortgage originations in Carle Place, NY, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Carle Place, NY. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Carle Place, NY
Carle Place, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $2,300 | $2,310 |
| 2 Bedroom | N/A | N/A | $2,670 |
| 3 Bedroom | -$140 | $3,600 | $3,460 |
| 4 Bedroom | N/A | N/A | $3,710 |
Affordability — Carle Place, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $818,000 |
| Median Household Income | $136,000 |