Suffolk County, New York Housing Market Prices
Suffolk 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 12% above the New York median More expensive than 89% of counties in New York$526,704
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Median rent 40% above the New York median Most expensive county in New York$2,275
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Suffolk County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $526,704 | $471,885 | $248,835 |
| Price Trend (Annual %) | 6.6% | 7.1% | 7.5% |
| Median Gross Rent | $2,275 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 4.6% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Suffolk County is about 12% higher than in New York. Rent is about 40% 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 Suffolk County, up about 6.6% and 4.6% a year respectively. Home prices are changing faster.
Median rent in Suffolk County rose about 47.3% between 2015 and 2024, from $1,544 to $2,275. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Suffolk County.
Buying the median-priced home in Suffolk County costs roughly 19.3 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 Suffolk County. The price-to-rent ratio in New York is about 24.3.
| Metric | Suffolk County | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $526,704 | $471,885 | $248,835 |
| Median Household Income | $131,515 | $86,556 | $80,455 |
| Price-to-Income Ratio | 4.0 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Suffolk County rose about 78.9%, 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 | Suffolk County | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 72.5% | 48.8% | 58.5% |
| Rental Rate | 15.5% | 41.1% | 31.2% |
| Vacancy Rate | 12.0% | 10.1% | 10.2% |
| Median Tenure (years) | 21.0 | 17.0 | 15.0 |
| Median Year Moved In | 2005 | 2009 | 2011 |
Suffolk County has a homeownership rate of 72.5%, higher than the New York average of 48.8%. Its housing vacancy rate is 12.0%, compared with 10.1% in New York.
Housing Stock
| Metric | Suffolk County | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1969 | 1960 | 1978 |
| Median Number of Rooms | 6.4 | 5.0 | 5.5 |
The typical housing unit in Suffolk County was built around 1969. On average, 2.9 people live in a home with about 6.4 rooms, staying for about 21.0 years on average.
Suffolk County, NY Housing Compared With Nearby Counties
Suffolk County, NY is the largest of the 6 counties compared here, 1,451,500 residents against a local median of 308,890. Suffolk County, NY's median home price, at $526,704, runs 115% above the $244,999 typical of the counties around it.
Median rent tells the same story from another angle: $2,275 against a local median of $1,378, 65% above it. The one measure here that carries a verdict is homeownership, and at 25% above the local median it puts Suffolk County, NY at the better end of the local range. The counties themselves sit within $68,665 of each other on median home price, a tighter band than the gap between any of them and Suffolk County, NY, which makes it a genuine outlier here rather than one end of a wide local spread. Suffolk County, NY has the highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Suffolk County, NY | 1,451,500 | $526,704 #1/6 | $2,275 #1/6 | 82.4% #1/6 |
| South Central Connecticut Planning Region, CT | 516,000 | $233,101 | $1,536 | 62.6% |
| Lower Connecticut River Valley Planning Region, CT | 163,295 | $222,692 | $1,378 | 78.2% |
| Greater Bridgeport Planning Region, CT | 308,890 | $283,536 | $1,535 | 65.7% |
| Naugatuck Valley Planning Region, CT | 439,566 | $244,999 | $1,327 | 68.3% |
| Southeastern Connecticut Planning Region, CT | 252,265 | $291,357 | $1,362 | 64.7% |
Frequently Asked Questions
Common questions about the housing market in Suffolk County, New York.
What is the median home price in Suffolk County, New York?
The median home price in Suffolk County, New York is $526,704, higher than the New York average of $471,885.
What is the average home price in Suffolk County, New York?
The typical home price in Suffolk County, New York, reported as the median sale price, is $526,704. 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 Suffolk County, New York?
The median gross rent in Suffolk County, New York is $2,275 per month, higher than the New York average of $1,621.
What was the median gross rent in Suffolk County in 2020?
In 2020, the median gross rent in Suffolk County, New York was $1,810 per month.
What is the price-to-rent ratio in Suffolk County, New York?
The price-to-rent ratio in Suffolk County, New York is about 19.3, meaning it would take roughly 19.3 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 Suffolk County.
Are home prices or rent rising faster in Suffolk County, New York?
Both home prices and rent are rising in Suffolk County, up about 6.6% and 4.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Suffolk County, New York?
72.5% of households in Suffolk County, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Suffolk County, New York?
The housing vacancy rate in Suffolk County, New York is 12.0%, higher than the New York average of 10.1%.
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