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Cedarhurst village, NY

ZIP 11516 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11516

Median Home Value
$818,600
Median Rent
$1,839
Affordability Snapshot
$225,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,258/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

37.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11516 in Cedarhurst village, NY, a household would need roughly $225,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,258. That is about 120% above the local median household income ($102,083), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
69.7%+7% vs US avg
x
Vacancy Rate
6.1%-40% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
15.9%+7% vs US avg
x
Built Pre-1939
7.6%-41% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
34.0%-32% vs US avg
x
Mortgage-Free
37.2%-3% vs US avg
x
$818,600
Home Value
$1,839
Rent
1953
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached52.7%
  • 1-unit attached3.9%
  • 2-9 units29.0%
  • 10+ units14.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$818,600
Median rent$1,839
Owner-occupied69.7%
Vacant6.1%
Price-to-income8.0x
Est. income to buy$225,000