Elwood, NY
Full City Profile · New York · Nassau County County
3.9
/5.0
B+
Good
11,140
Population
2,331/sq mi density
$170,987
Median Income
$68,154 per capita
$664,200
Home Value
$836,213 Zillow
$1,455
Median Rent
26.9% income on rent
53°F
Avg Temperature
275 sunny days/yr
22
Violent Crime/100K
356 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$170,987 median income, 1.2% unemployment
A
Affordability
4.5 / 5.0
$664,200 home value, $1,455/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
A+
Education
5.0 / 5.0
52.2% bachelor's degree or higher
Housing Overview
Median Home Value
$664,200
136% above
US avg: $281,900
Median Rent
$1,455/mo
25% above
US avg: $1,163/mo
Homeownership Rate
96.6%
48% above US avg (65.4%)
Total Housing Units
3,731
Median year built: 1963
Home Value by Source
Census Median
$664,200
Zillow (ZHVI)
$836,213
Median Sale Price
$815,000
Median List Price
$964,499
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.6%
Owner-Occupied
3.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent:
$1,455/mo
Market Indicators (Redfin)
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$453
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
26.9%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
96.6%
Complete Housing Data
Home Values
| Census Median Value | $664,200 |
| Zillow Home Value (ZHVI) | $836,213 |
| Median Sale Price | $815,000 |
| Median List Price | $964,499 |
| Price Per Sq Ft | $453 |
Rent
| Census Median Rent | $1,455 |
| FMR Studio | $1,215 |
| FMR 1-Bedroom | $1,315 |
| FMR 2-Bedroom | $1,579 |
| FMR 3-Bedroom | $1,976 |
| FMR 4-Bedroom | $2,193 |
Market
| Days on Market | 25 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.2% |
| Homes Sold | 3 |
| Active Inventory | 9 |
| Price Per Sq Ft | $453 |
Ownership & Stock
| Owner-Occupied | 96.6% |
| Renter-Occupied | 3.4% |
| Homeownership Rate | 96.6% |
| Total Housing Units | 3,731 |
| Median Year Built | 1963 |
| Rent Burden | 26.9% |
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