Nassau County, New York Housing Market

In Nassau County, New York, the median home value is $684,700, with a median monthly rent of $2,252. This places Nassau County at #55 nationally out of 3134 counties by median home value, and #4 within New York.

Median Home Value $684,700
Median Rent $2,252/mo
Owner Occupancy 81.9%
Price/Rent Ratio 25.3

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Nassau County rose +7.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

557,549
jobs (private sector)
  • Avg weekly wage: $1,495
  • Establishments: 55,275
  • BLS QCEW, 2025
🏗️

Housing Supply

821
new units authorized (2025)
  • Single-family: 642
  • Multi-family: 179
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

-1981
net migration (filers, 2021-2022)
  • Inflow: 617,792 (avg $155,166)
  • Outflow: 619,773 (avg $154,996)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 10 active ZIP codes in Nassau County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 11021 305.7 +43.99% 2025
2 11598 359.0 +29.95% 2025
3 11096 451.8 +17.94% 2025
4 11575 437.3 +18.55% 2025
5 11771 272.6 +9.26% 2025
6 11560 241.0 +21.98% 2025
7 11596 299.1 +0.94% 2025
8 11553 356.7 +17.54% 2025
9 11554 330.1 +9.19% 2025
10 11530 273.8 +4.20% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Nassau County Compares

MetricNassau CountyNew York AverageU.S. Average
Median Home Value $684,700 $281,200 $227,706
Median Gross Rent $2,252 $1,168 $968
Owner Occupancy Rate 81.9% 69.3% 73.3%
Price/Rent Ratio 25.3 18.4 18.7

Market Analysis

The median home value in Nassau County is 143.5% above the New York state average and 200.7% above the U.S. national average. The median rent of $2,252/month is 92.8% above the state average.

With a price-to-rent ratio of 25.3, Nassau County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Nassau County has an owner-occupancy rate of 81.9%, compared to 69.3% in New York and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Norfolk County Massachusetts $683,900 $2,149
Placer County California $688,100 $2,069
El Dorado County California $679,900 $1,715
Teton County Idaho $690,500 $1,319
Richmond County New York $675,500 $1,733

Other Counties in New York

CountyMedian Home ValueMedian RentOwner Occ.
Richmond County $675,500 $1,733 67.7%
Westchester County $663,200 $1,951 61.8%
Queens County $723,800 $1,956 44.9%
Rockland County $596,900 $1,901 67.9%
Suffolk County $578,400 $2,255 82.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).