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Locust Valley, NY
Full City Profile · New York · Nassau County County
3.6
/5.0
B+
Good
3,591
Population
3,946/sq mi density
$137,344
Median Income
$90,476 per capita
$775,200
Home Value
$1,172,798 Zillow
$2,274
Median Rent
46.8% income on rent
56°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
5.0 / 5.0
$137,344 median income, 2.0% unemployment
B
Affordability
3.5 / 5.0
$775,200 home value, $2,274/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
A+
Education
5.0 / 5.0
54.6% bachelor's degree or higher
Housing Overview
Median Home Value
$775,200
175% above
US avg: $281,900
Median Rent
$2,274/mo
96% above
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
1,294
Median year built: 1948
Home Value by Source
Census Median
$775,200
Zillow (ZHVI)
$1,172,798
Median Sale Price
$769,000
Median List Price
$995,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.1%
Owner-Occupied
24.9%
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:
$2,274/mo
Market Indicators (Redfin)
Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$473
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
46.8%
of renters spending 30%+ of income on housing
51% above US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
75.1%
Complete Housing Data
Home Values
| Census Median Value | $775,200 |
| Zillow Home Value (ZHVI) | $1,172,798 |
| Median Sale Price | $769,000 |
| Median List Price | $995,000 |
| Price Per Sq Ft | $473 |
Rent
| Census Median Rent | $2,274 |
| 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 | 42 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.5% |
| Homes Sold | 2 |
| Active Inventory | 8 |
| Price Per Sq Ft | $473 |
Ownership & Stock
| Owner-Occupied | 75.1% |
| Renter-Occupied | 24.9% |
| Homeownership Rate | 75.1% |
| Total Housing Units | 1,294 |
| Median Year Built | 1948 |
| Rent Burden | 46.8% |