Westbury, NY—11590
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westbury, NY
As of Oct '25, the median home price in Westbury, NY is $774,000, with a year-over-year change of 4.3%. This indicates that home prices in Westbury, NY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $774,000 | 4.3% |
| Single Family | $779,000 | 3.6% |
| Condos | $629,000 | 4.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $446,000 | 3.5% |
2 Bed | $818,000 | 2.1% |
3 Bed | $799,000 | 3.2% |
4 Bed | $804,000 | 2.8% |
| 5 Bed | $840,000 | 3.7% |
% of Housing Stock
Rental Trends — Westbury, NY
As of July '25, Rentcast reports the average rent in Westbury, NY is $4,180, with a year-over-year rent change of -3.0%. Per bedroom, the median rent as of July '25 in Westbury, NY is studios: $3,190, 1-bedrooms: $3,570, 2-bedrooms: $4,320, 3-bedrooms: $4,410, 4-bedrooms: $5,310. The most common rental property sizes in Westbury, NY are 2-bedroom and 1-bedroom, accounting for 31.5% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,000 | $4,180 |
| Studio Rent | $2,880 | $3,190 |
| 1 Bed Rent | $3,060 | $3,570 |
| 2 Bed Rent | $3,860 | $4,320 |
| 3 Bed Rent | $4,500 | $4,410 |
| 4 Bed Rent | $4,850 | $5,310 |
% of Rental Stock
Property Listings — Westbury, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Westbury, NY is 49. This is a decrease 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $889,000 | 15.0% |
Listing Count | 136 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 49 | -1.0% |
Demographics — Westbury, NY
As of the latest ACS Survey released in 2023, Westbury, NY has a population of 48,200, which has increased by 3.6% over the past 5 years. Westbury, NY is a moderately popular place for families, as children make up 20.0% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,200 | 3.6% |
% Under 18 | 20.0% | -4.8% |
% Seniors | 18.3% | 5.8% |
% WFH | 7.7% | 108.1% |
% w/ College Degree | 40.1% | 5.5% |
As of the latest ACS Survey released in 2023, Westbury, NY is a predominantly hispanic area, with 37.2% of the population identifying as hispanic. The hispanic population has grown by 23.6% in the last 5 years. The second most common race or ethnicity in Westbury, NY is white, making up 31.4% of the population. Foreign-born residents account for 35.9% of the population in Westbury, NY, and this percentage has increased by 2.0% 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 | 31.4% | -12.3% |
% Black | 17.0% | -27.7% |
% Hispanic | 37.2% | 23.6% |
% Asian | 11.8% | 18.0% |
% Foreign Born | 35.9% | 2.0% |
Mortgage and Risk — Westbury, NY
According to HUD data as of 2023, there were 450 mortgage originations in Westbury, NY, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Westbury, NY. Investor activity is low, as 2.0% 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 | 450 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Westbury, NY
As of 2024, the percent of homes in Westbury, NY under the Section 8 program is 9.4%. 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 Westbury, 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 | 429 |
Total Units Section 8 | 327 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$550 | $3,060 | $2,510 |
| 2 Bedroom | -$960 | $3,860 | $2,900 |
| 3 Bedroom | -$740 | $4,500 | $3,760 |
| 4 Bedroom | -$820 | $4,850 | $4,030 |
Affordability — Westbury, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $774,000 |
| Median Household Income | $149,000 |