Glen Cove, NY—11542
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Glen Cove, NY
As of Nov '25, the median home price in Glen Cove, NY is $775,000, with a year-over-year change of 6.9%. This indicates that home prices in Glen Cove, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $775,000 | 6.9% |
| Single Family | $781,000 | 6.8% |
| Condos | $591,000 | 9.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $641,000 | 10.3% |
3 Bed | $732,000 | 8.6% |
4 Bed | $940,000 | 7.6% |
| 5 Bed | $1,239,481 | 8.8% |
% of Housing Stock
Rental Trends — Glen Cove, NY
As of July '25, Rentcast reports the average rent in Glen Cove, NY is $3,460, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Glen Cove, NY is studios: $2,680, 1-bedrooms: $2,840, 2-bedrooms: $3,520, 3-bedrooms: $4,030, 4-bedrooms: $4,660. The most common rental property sizes in Glen Cove, NY are 2-bedroom and 3-bedroom, accounting for 31.1% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,350 | $3,460 |
| Studio Rent | $2,550 | $2,680 |
| 1 Bed Rent | $2,800 | $2,840 |
| 2 Bed Rent | $3,600 | $3,520 |
| 3 Bed Rent | $3,800 | $4,030 |
| 4 Bed Rent | $4,800 | $4,660 |
% of Rental Stock
Property Listings — Glen Cove, NY
As of Nov '25, Realtor.com reports that the median days on market for a home in Glen Cove, NY is 110. This is a increase of 56.0% 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 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,160,000 | 0.0% |
Listing Count | 96 | 14.0% |
| Listings as % of Homes | 0.7% | 14.0% |
Days on Market | 110 | 56.0% |
Demographics — Glen Cove, NY
As of the latest ACS Survey released in 2023, Glen Cove, NY has a population of 29,000, which has increased by 4.5% over the past 5 years. Glen Cove, NY is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 40.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,000 | 4.5% |
% Under 18 | 18.5% | -11.1% |
% Seniors | 21.5% | 20.8% |
% WFH | 8.5% | 129.7% |
% w/ College Degree | 40.8% | 10.3% |
As of the latest ACS Survey released in 2023, Glen Cove, NY is a predominantly white area, with 56.3% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Glen Cove, NY is hispanic, making up 32.5% of the population. Foreign-born residents account for 28.1% of the population in Glen Cove, NY, and this percentage has decreased by 9.6% 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 | 56.3% | 2.7% |
% Black | 4.9% | -42.4% |
% Hispanic | 32.5% | 19.9% |
% Asian | 4.7% | -4.1% |
% Foreign Born | 28.1% | -9.6% |
Mortgage and Risk — Glen Cove, NY
According to HUD data as of 2023, there were 216 mortgage originations in Glen Cove, NY, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Glen Cove, NY. Investor activity is low, as 3.0% 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 | 216 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Rentals and Section 8 — Glen Cove, NY
As of 2024, the percent of homes in Glen Cove, NY under the Section 8 program is 12.8%. 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 Glen Cove, 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 | 651 |
Total Units Section 8 | 651 |
% Rentals under Section 8 | 12.8% |
% Occupied Section 8 | 87.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$530 | $2,800 | $2,270 |
| 2 Bedroom | -$980 | $3,600 | $2,620 |
| 3 Bedroom | -$400 | $3,800 | $3,400 |
| 4 Bedroom | -$1,160 | $4,800 | $3,640 |
Affordability — Glen Cove, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $775,000 |
| Median Household Income | $92,300 |