Plainview, New York Housing Market Prices
Plainview 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 26% below the New York median$350,487
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Median rent 109% above the New York median$3,391
Housing Market Overview
| Metric | Plainview | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,487 | $471,885 | $248,835 |
| Price Trend (Annual %) | 23.4% | 7.1% | 7.5% |
| Median Gross Rent | $3,391 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 10.2% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Plainview is about 26% lower than in New York. Rent is about 109% 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 Plainview, up about 23.4% and 10.2% a year respectively. Home prices are changing faster.
Median rent in Plainview rose about 69.6% between 2015 and 2024, from $2,000 to $3,391. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Plainview.
Buying the median-priced home in Plainview costs roughly 8.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Plainview. The price-to-rent ratio in New York is about 24.3.
| Metric | Plainview | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,487 | $471,885 | $248,835 |
| Median Household Income | $191,350 | $86,556 | $80,455 |
| Price-to-Income Ratio | 1.8 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Plainview fell about 21.3%, while median household income rose about 60.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Plainview | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 89.2% | 48.8% | 58.5% |
| Rental Rate | 7.2% | 41.1% | 31.2% |
| Vacancy Rate | 3.6% | 10.1% | 10.2% |
| Median Tenure (years) | 23.0 | 17.0 | 15.0 |
| Median Year Moved In | 2003 | 2009 | 2011 |
Plainview has a homeownership rate of 89.2%, higher than the New York average of 48.8%. Its housing vacancy rate is 3.6%, compared with 10.1% in New York.
Housing Stock
| Metric | Plainview | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.92 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1958 | 1960 | 1978 |
| Median Number of Rooms | 7.0 | 5.0 | 5.5 |
The typical housing unit in Plainview was built around 1958. On average, 2.9 people live in a home with about 7.0 rooms, staying for about 23.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Plainview, New York.
What is the median home price in Plainview, New York?
The median home price in Plainview, New York is $350,487, lower than the New York average of $471,885.
What is the average home price in Plainview, New York?
The typical home price in Plainview, New York, reported as the median sale price, is $350,487. 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 Plainview, New York?
The median gross rent in Plainview, New York is $3,391 per month, higher than the New York average of $1,621.
What was the median gross rent in Plainview in 2020?
In 2020, the median gross rent in Plainview, New York was $1,932 per month.
What is the price-to-rent ratio in Plainview, New York?
The price-to-rent ratio in Plainview, New York is about 8.6, meaning it would take roughly 8.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Plainview.
Are home prices or rent rising faster in Plainview, New York?
Both home prices and rent are rising in Plainview, up about 23.4% and 10.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Plainview, New York?
89.2% of households in Plainview, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Plainview, New York?
The housing vacancy rate in Plainview, New York is 3.6%, lower than the New York average of 10.1%.
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