Valley Stream, NY—11581
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Valley Stream, NY
Home Price Trends — Valley Stream, NY
As of Oct '25, the median home price in Valley Stream, NY is $783,000, with a year-over-year change of 3.5%. This indicates that home prices in Valley Stream, 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 | $783,000 | 3.5% |
| Single Family | $788,000 | 3.1% |
| 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 | $726,000 | 3.1% |
4 Bed | $881,000 | 3.2% |
| 5 Bed | $1,139,000 | 3.9% |
% of Housing Stock
Rental Trends — Valley Stream, NY
As of July '25, Rentcast reports the average rent in Valley Stream, NY is $3,860, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Valley Stream, NY is 1-bedrooms: $2,370, 2-bedrooms: $3,020, 3-bedrooms: $3,910, 4-bedrooms: $5,010. The most common rental property sizes in Valley Stream, NY are 2-bedroom and 3-bedroom, accounting for 43.4% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,450 | $2,370 |
| 2 Bed Rent | $3,000 | $3,020 |
| 3 Bed Rent | $3,650 | $3,910 |
| 4 Bed Rent | $4,500 | $5,010 |
% of Rental Stock
Property Listings — Valley Stream, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Valley Stream, NY is 72. This is a increase of 47.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,180,000 | 23.0% |
Listing Count | 64 | 29.0% |
| Listings as % of Homes | 0.6% | 29.0% |
Days on Market | 72 | 47.0% |
Demographics — Valley Stream, NY
As of the latest ACS Survey released in 2023, Valley Stream, NY has a population of 22,700, which has increased by 6.5% over the past 5 years. Valley Stream, NY is a popular place for families, as children make up 25.3% of the population. The area has a highly educated workforce, with 47.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,700 | 6.5% |
% Under 18 | 25.3% | 8.1% |
% Seniors | 16.2% | 5.9% |
% WFH | 16.7% | 234.0% |
% w/ College Degree | 47.6% | -1.0% |
As of the latest ACS Survey released in 2023, Valley Stream, NY is a predominantly white area, with 39.2% of the population identifying as white. The white population has shrunk by 18.0% in the last 5 years. The second most common race or ethnicity in Valley Stream, NY is hispanic, making up 18.6% of the population. Foreign-born residents account for 32.3% of the population in Valley Stream, NY, and this percentage has increased by 5.2% 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 | 39.2% | -18.0% |
% Black | 18.2% | -18.0% |
% Hispanic | 18.6% | 55.0% |
% Asian | 16.9% | 9.0% |
% Foreign Born | 32.3% | 5.2% |
Mortgage and Risk — Valley Stream, NY
According to HUD data as of 2023, there were 248 mortgage originations in Valley Stream, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Valley Stream, NY. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 248 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Valley Stream, NY
As of 2024, the percent of homes in Valley Stream, NY under the Section 8 program is 2.7%. 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 Valley Stream, 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 | 148 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$360 | $2,450 | $2,090 |
| 2 Bedroom | -$590 | $3,000 | $2,410 |
| 3 Bedroom | -$530 | $3,650 | $3,120 |
| 4 Bedroom | -$1,150 | $4,500 | $3,350 |
Affordability — Valley Stream, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $783,000 |
| Median Household Income | $139,000 |