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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
97%
3%
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 Market25
Sale-to-List Ratio1.0%
Price Drops22.2%
Homes Sold3
Active Inventory9
Price Per Sq Ft$453

Ownership & Stock

Owner-Occupied96.6%
Renter-Occupied3.4%
Homeownership Rate96.6%
Total Housing Units3,731
Median Year Built1963
Rent Burden26.9%