Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$458,478
$2,573

Housing Market Overview

Metric North Bellmore New York Avg US Average
Median Home Price $458,478 $436,407 $242,182
Price Trend (Annual %) 41.2% 6.9% 8.2%
Median Gross Rent $2,573 $1,576 $1,342
Rent Trend (Annual %) 7.6% 4.5% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
North Bellmore
New York
United States
Year North Bellmore New York United States
Median Rent Over Time
North Bellmore
New York
United States
Year North Bellmore New York United States

Affordability

On average, housing unit costs 2.6 yearly household incomes in North Bellmore.

Metric North Bellmore New York Avg US Average
Median Home Price $458,478 $436,407 $242,182
Median Household Income $179,251 $85,191 $78,145
Price-to-Income Ratio 2.6 5.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric North Bellmore New York Avg US Average
Homeownership Rate 88.6% 48.7% 58.2%
Rental Rate 9.0% 41.1% 31.3%
Vacancy Rate 2.4% 10.2% 10.6%
Median Tenure (years) 22.0 17.0 15.0
Median Year Moved In 2004 2009 2011

Housing Stock

Metric North Bellmore New York Avg US Average
Average Household Size 3.13 people 2.51 people 2.54 people
Median Structure Built Year 1959 1960 1978
Median Number of Rooms 7.0 5.0 5.5