Ronkonkoma, NY—11779
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ronkonkoma, NY
As of Oct '25, the median home price in Ronkonkoma, NY is $617,000, with a year-over-year change of 3.8%. This indicates that home prices in Ronkonkoma, NY are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $617,000 | 3.8% |
| Single Family | $620,000 | 3.3% |
| Condos | $391,000 | 5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $469,000 | 6.3% |
3 Bed | $609,000 | 4.3% |
4 Bed | $667,000 | 4.1% |
| 5 Bed | $709,000 | 4.0% |
% of Housing Stock
Rental Trends — Ronkonkoma, NY
As of July '25, Rentcast reports the average rent in Ronkonkoma, NY is $3,240, with a year-over-year rent change of 8.4%. Per bedroom, the median rent as of July '25 in Ronkonkoma, NY is studios: $2,180, 1-bedrooms: $2,230, 2-bedrooms: $2,850, 3-bedrooms: $4,450, 4-bedrooms: $4,750. The most common rental property sizes in Ronkonkoma, NY are 1-bedroom and 2-bedroom, accounting for 45.3% and 31.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,240 |
| Studio Rent | $2,180 | $2,180 |
| 1 Bed Rent | $2,100 | $2,230 |
| 2 Bed Rent | $3,000 | $2,850 |
| 3 Bed Rent | $3,500 | $4,450 |
| 4 Bed Rent | $4,750 | $4,750 |
% of Rental Stock
Property Listings — Ronkonkoma, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Ronkonkoma, NY is 50. This is a increase of 97.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $599,000 | 1.0% |
Listing Count | 115 | 29.0% |
| Listings as % of Homes | 0.5% | 29.0% |
Days on Market | 50 | 97.0% |
Demographics — Ronkonkoma, NY
As of the latest ACS Survey released in 2023, Ronkonkoma, NY has a population of 38,300, which has remained stable by 0.6% over the past 5 years. Ronkonkoma, NY is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,300 | 0.6% |
% Under 18 | 20.5% | -4.7% |
% Seniors | 15.5% | 4.0% |
% WFH | 8.3% | 453.3% |
% w/ College Degree | 31.1% | 8.4% |
As of the latest ACS Survey released in 2023, Ronkonkoma, NY is a predominantly white area, with 66.7% of the population identifying as white. The white population has shrunk by 11.1% in the last 5 years. The second most common race or ethnicity in Ronkonkoma, NY is hispanic, making up 19.5% of the population. Foreign-born residents account for 13.7% of the population in Ronkonkoma, NY, and this percentage has increased by 16.1% 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 | 66.7% | -11.1% |
% Black | 4.9% | 44.1% |
% Hispanic | 19.5% | 57.3% |
% Asian | 6.6% | 6.5% |
% Foreign Born | 13.7% | 16.1% |
Mortgage and Risk — Ronkonkoma, NY
According to HUD data as of 2023, there were 438 mortgage originations in Ronkonkoma, NY, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Ronkonkoma, NY. Investor activity is low, as 1.0% 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 | 438 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Ronkonkoma, NY
As of 2024, the percent of homes in Ronkonkoma, NY under the Section 8 program is 17.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ronkonkoma, 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 | 563 |
Total Units Section 8 | 534 |
% Rentals under Section 8 | 17.4% |
% Occupied Section 8 | 94.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $2,100 | $2,080 |
| 2 Bedroom | -$600 | $3,000 | $2,400 |
| 3 Bedroom | -$390 | $3,500 | $3,110 |
| 4 Bedroom | -$1,420 | $4,750 | $3,330 |
Affordability — Ronkonkoma, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $617,000 |
| Median Household Income | $118,000 |