Levittown, New York Housing Market Prices
Levittown Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 74% above the New York median$820,652
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Median rent 64% above the New York median$2,656
Housing Market Overview
| Metric | Levittown | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $820,652 | $471,885 | $248,835 |
| Price Trend (Annual %) | 15.8% | 7.1% | 7.5% |
| Median Gross Rent | $2,656 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Levittown is about 74% higher than in New York. Rent is about 64% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Levittown, up about 15.8% and 4.8% a year respectively. Home prices are changing faster.
Median rent in Levittown rose about 43.5% between 2015 and 2024, from $1,851 to $2,656. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 5.6 yearly household incomes in Levittown.
Buying the median-priced home in Levittown costs roughly 25.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Levittown. The price-to-rent ratio in New York is about 24.3.
| Metric | Levittown | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $820,652 | $471,885 | $248,835 |
| Median Household Income | $145,348 | $86,556 | $80,455 |
| Price-to-Income Ratio | 5.6 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Levittown rose about 248.3%, while median household income rose about 49.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Levittown | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 89.9% | 48.8% | 58.5% |
| Rental Rate | 7.6% | 41.1% | 31.2% |
| Vacancy Rate | 2.5% | 10.1% | 10.2% |
| Median Tenure (years) | 23.0 | 17.0 | 15.0 |
| Median Year Moved In | 2003 | 2009 | 2011 |
Levittown has a homeownership rate of 89.9%, higher than the New York average of 48.8%. Its housing vacancy rate is 2.5%, compared with 10.1% in New York.
Housing Stock
| Metric | Levittown | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.07 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1951 | 1960 | 1978 |
| Median Number of Rooms | 6.6 | 5.0 | 5.5 |
The typical housing unit in Levittown was built around 1951. On average, 3.1 people live in a home with about 6.6 rooms, staying for about 23.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Levittown, New York.
What is the median home price in Levittown, New York?
The median home price in Levittown, New York is $820,652, higher than the New York average of $471,885.
What is the average home price in Levittown, New York?
The typical home price in Levittown, New York, reported as the median sale price, is $820,652. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Levittown, New York?
The median gross rent in Levittown, New York is $2,656 per month, higher than the New York average of $1,621.
What was the median gross rent in Levittown in 2020?
In 2020, the median gross rent in Levittown, New York was $2,047 per month.
What is the price-to-rent ratio in Levittown, New York?
The price-to-rent ratio in Levittown, New York is about 25.8, meaning it would take roughly 25.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Levittown.
Are home prices or rent rising faster in Levittown, New York?
Both home prices and rent are rising in Levittown, up about 15.8% and 4.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Levittown, New York?
89.9% of households in Levittown, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Levittown, New York?
The housing vacancy rate in Levittown, New York is 2.5%, lower than the New York average of 10.1%.
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