Shirley, New York Housing Market Prices
Shirley 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 8% below the New York median$433,204
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Median rent 30% above the New York median$2,107
Housing Market Overview
| Metric | Shirley | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $433,204 | $471,885 | $248,835 |
| Price Trend (Annual %) | 9.4% | 7.1% | 7.5% |
| Median Gross Rent | $2,107 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 1.0% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Shirley is about 8% lower than in New York. Rent is about 30% 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 Shirley, up about 9.4% and 1.0% a year respectively. Home prices are changing faster.
Median rent in Shirley rose about 9.5% between 2015 and 2024, from $1,924 to $2,107. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Shirley.
Buying the median-priced home in Shirley costs roughly 17.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Shirley. The price-to-rent ratio in New York is about 24.3.
| Metric | Shirley | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $433,204 | $471,885 | $248,835 |
| Median Household Income | $114,932 | $86,556 | $80,455 |
| Price-to-Income Ratio | 3.8 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Shirley rose about 85.2%, while median household income rose about 28.8% 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 | Shirley | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 89.0% | 48.8% | 58.5% |
| Rental Rate | 7.5% | 41.1% | 31.2% |
| Vacancy Rate | 3.5% | 10.1% | 10.2% |
| Median Tenure (years) | 17.0 | 17.0 | 15.0 |
| Median Year Moved In | 2009 | 2009 | 2011 |
Shirley has a homeownership rate of 89.0%, higher than the New York average of 48.8%. Its housing vacancy rate is 3.5%, compared with 10.1% in New York.
Housing Stock
| Metric | Shirley | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.32 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1976 | 1960 | 1978 |
| Median Number of Rooms | 6.3 | 5.0 | 5.5 |
The typical housing unit in Shirley was built around 1976. On average, 3.3 people live in a home with about 6.3 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Shirley, New York.
What is the median home price in Shirley, New York?
The median home price in Shirley, New York is $433,204, lower than the New York average of $471,885.
What is the average home price in Shirley, New York?
The typical home price in Shirley, New York, reported as the median sale price, is $433,204. 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 Shirley, New York?
The median gross rent in Shirley, New York is $2,107 per month, higher than the New York average of $1,621.
What was the median gross rent in Shirley in 2020?
In 2020, the median gross rent in Shirley, New York was $1,910 per month.
What is the price-to-rent ratio in Shirley, New York?
The price-to-rent ratio in Shirley, New York is about 17.1, meaning it would take roughly 17.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Shirley.
Are home prices or rent rising faster in Shirley, New York?
Both home prices and rent are rising in Shirley, up about 9.4% and 1.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Shirley, New York?
89.0% of households in Shirley, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Shirley, New York?
The housing vacancy rate in Shirley, New York is 3.5%, lower than the New York average of 10.1%.
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