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Lake Grove, NY

Full City Profile · New York · Nassau County County

3.6 /5.0
B+ Good
11,050 Population 3,746/sq mi density
$119,558 Median Income $51,319 per capita
$550,700 Home Value $696,261 Zillow
$2,208 Median Rent 37.7% income on rent
53°F Avg Temperature 275 sunny days/yr
22 Violent Crime/100K 356 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$119,558 median income, 3.7% unemployment
A
Affordability
4.1 / 5.0
$550,700 home value, $2,208/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
A+
Education
4.7 / 5.0
46.7% bachelor's degree or higher

Housing Overview

Median Home Value
$550,700
95% above
US avg: $281,900
Median Rent
$2,208/mo
90% above
US avg: $1,163/mo
Homeownership Rate
78.8%
20% above US avg (65.4%)
Total Housing Units
3,834
Median year built: 1969

Home Value by Source

Census Median
$550,700
Zillow (ZHVI)
$696,261
Median Sale Price
$720,000
Median List Price
$699,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.8%
Owner-Occupied
21.2%
Renter-Occupied
79%
21%
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: $2,208/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$377
Active Inventory
14
homes for sale

Affordability & Housing Stock

Rent Burden
37.7%
of renters spending 30%+ of income on housing
22% above US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
78.8%

Complete Housing Data

Home Values

Census Median Value$550,700
Zillow Home Value (ZHVI)$696,261
Median Sale Price$720,000
Median List Price$699,000
Price Per Sq Ft$377

Rent

Census Median Rent$2,208
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 Market31
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold4
Active Inventory14
Price Per Sq Ft$377

Ownership & Stock

Owner-Occupied78.8%
Renter-Occupied21.2%
Homeownership Rate78.8%
Total Housing Units3,834
Median Year Built1969
Rent Burden37.7%