Nassau County, New York Housing Market Prices
Nassau County 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 28% above the New York median Among the 5 most expensive counties in New York$605,757
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Median rent 39% above the New York median Among the 3 most expensive counties in New York$2,252
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Nassau County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $605,757 | $471,885 | $248,835 |
| Price Trend (Annual %) | 5.8% | 7.1% | 7.5% |
| Median Gross Rent | $2,252 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Nassau County is about 28% higher than in New York. Rent is about 39% 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 Nassau County, up about 5.8% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Nassau County rose about 42.7% between 2015 and 2024, from $1,578 to $2,252. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Nassau County.
Buying the median-priced home in Nassau County costs roughly 22.4 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 Nassau County. The price-to-rent ratio in New York is about 24.3.
| Metric | Nassau County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $605,757 | $471,885 | $248,835 |
| Median Household Income | $146,499 | $86,556 | $80,455 |
| Price-to-Income Ratio | 4.1 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Nassau County rose about 60.0%, while median household income rose about 54.5% 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 | Nassau County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.4% | 48.8% | 58.5% |
| Rental Rate | 17.3% | 41.1% | 31.2% |
| Vacancy Rate | 4.4% | 10.1% | 10.2% |
| Median Tenure (years) | 20.0 | 17.0 | 15.0 |
| Median Year Moved In | 2006 | 2009 | 2011 |
Nassau County has a homeownership rate of 78.4%, higher than the New York average of 48.8%. Its housing vacancy rate is 4.4%, compared with 10.1% in New York.
Housing Stock
| Metric | Nassau County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.99 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1956 | 1960 | 1978 |
| Median Number of Rooms | 6.5 | 5.0 | 5.5 |
The typical housing unit in Nassau County was built around 1956. On average, 3.0 people live in a home with about 6.5 rooms, staying for about 20.0 years on average.
Nassau County, NY Housing Compared With Nearby Counties
Nassau County, NY is typical in size for this group, 1,389,398 residents against a local median of 1,628,057, so the measures below are close to a like for like comparison. Where Nassau County, NY breaks from the counties next to it is homeownership, sitting 178% above the local median of 29.5% at 82.0%. That is the better end of the local range on this measure.
Median rent tells the same story from another angle: $2,252 against a local median of $1,950, 15% above it. The counties themselves spread 41.8% on homeownership, so Nassau County, NY sits at one end of an already wide local range rather than apart from it. Nassau County, NY has the highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Nassau County, NY | 1,389,398 | $605,757 #4/6 | $2,252 #1/6 | 82.0% #1/6 |
| Queens County, NY | 2,320,290 | $678,074 | $1,955 | 44.9% |
| Bronx County, NY | 1,403,126 | $302,664 | $1,457 | 20.1% |
| Kings County, NY | 2,630,245 | $977,210 | $1,832 | 29.5% |
| New York County, NY | 1,628,057 | $1,358,349 | $2,197 | 25.1% |
| Westchester County, NY | 998,212 | $482,100 | $1,950 | 61.8% |
Frequently Asked Questions
Common questions about the housing market in Nassau County, New York.
What is the median home price in Nassau County, New York?
The median home price in Nassau County, New York is $605,757, higher than the New York average of $471,885.
What is the average home price in Nassau County, New York?
The typical home price in Nassau County, New York, reported as the median sale price, is $605,757. 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 Nassau County, New York?
The median gross rent in Nassau County, New York is $2,252 per month, higher than the New York average of $1,621.
What was the median gross rent in Nassau County in 2020?
In 2020, the median gross rent in Nassau County, New York was $1,831 per month.
What is the price-to-rent ratio in Nassau County, New York?
The price-to-rent ratio in Nassau County, New York is about 22.4, meaning it would take roughly 22.4 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 Nassau County.
Are home prices or rent rising faster in Nassau County, New York?
Both home prices and rent are rising in Nassau County, up about 5.8% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Nassau County, New York?
78.4% of households in Nassau County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Nassau County, New York?
The housing vacancy rate in Nassau County, New York is 4.4%, lower than the New York average of 10.1%.
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