Housing Insights for ZIP Code 11366 (Fresh Meadows, NY)

Housing Summary for ZIP Code 11366

Homeowners

The median home value in ZIP Code 11366 (Fresh Meadows, NY) is $786,700. Approximately 66.4% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.9%.

The average occupancy of owner-occupied units in ZIP Code 11366 is 3.13 occupants, while owner-occupied units have an aggregate average size of 2.78 bedrooms per housing unit.

Renters

In the 11366 ZIP Code, an estimated 33.6% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 1.9%.

Among renter-occupied units in this ZIP, the average occupancy is 3.10 occupants, while renters in this Queens County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 11366

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 11366.

ZIP 11366 New York U.S.
Median Home Value $786,700 $487,737 $356,002
Owner-Occupied Housing Units 66.4% 53.9% 64.0%
Homeowner Vacancy Rate 2.9% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.13 2.74 2.70
Average # of Bedrooms Per Unit 2.78 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 33.6% 46.1% 36.0%
Rental Vacancy Rate 1.9% 4.2% 6.0%
Average Size of Renter-Occupied Unit 3.10 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 11366 (Fresh Meadows, NY)

The median home value in ZIP Code 11366 is $786,700. That median value is about 151% higher than the median home value of $313,700 in New York overall, and is 262% higher than the $217,500 the median home value in the entire U.S. An estimated 80.5% of homes in ZIP Code 11366 are valued $500,000 to $999,999. That is 280% higher than in the stat of New York, in which 21.2% of homes are valued at $500,000 to $999,999, and is about 606% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 11366 homes fall into is $150,000 to $199,999 (0.0% of homes).

Home Values in ZIP Code 11366

This chart visualizes the breakdown of home values in ZIP Code 11366, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 11366 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 11366

See the table below for a regional comparison of home values in ZIP Code 11366.

Home Value ZIP 11366 New York U.S.
Less than $50,000 0.7% 4.4% 6.9%
$50,000 to $99,999 0.3% 9.9% 12.0%
$100,000 to $149,999 1.0% 10.8% 13.3%
$150,000 to $199,999 0.0% 9.6% 14.0%
$200,000 to $299,999 4.1% 13.6% 19.6%
$300,000 to $499,999 0.7% 22.9% 19.3%
$500,000 to $999,999 80.5% 21.2% 11.4%
$1,000,000 or more 12.7% 7.7% 3.4%

Home Ages in ZIP Code 11366 (Fresh Meadows, NY)

Approximately 35.2% of homes in this Fresh Meadows, NY region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 11366 is about 139% higher than percentage of homes built in this time period in New York overall (14.7% of homes), and is 242% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 26.7% of local homes were built in 1940 to 1949. On the other end of the scale, just 0.2% of homes in this Queens County ZIP Code were built in 2010 to 2013 in ZIP Code 11366. In comparison, 1.6% of homes in New York overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 11366

A detailed regional comparison of home ages in ZIP Code 11366.

Year Built ZIP 11366 New York U.S.
2014 or later 1.1% 1.1% 2.5%
2010 to 2013 0.2% 1.6% 2.7%
2000 to 2009 3.2% 6.3% 14.0%
1990 to 1999 0.9% 6.2% 13.9%
1980 to 1989 1.9% 7.5% 13.4%
1970 to 1979 3.8% 9.9% 15.2%
1960 to 1969 9.4% 12.5% 10.6%
1950 to 1959 35.2% 14.7% 10.3%
1940 to 1949 26.7% 8.1% 4.9%
1939 or earlier 17.7% 32.1% 12.6%

Age of Homes in ZIP Code 11366

See the chart below for details on the age of homes in ZIP Code 11366, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 11366

Frequently asked questions about housing in this Fresh Meadows, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 11366.

1

What is the average home value ZIP Code 11366?

The median home value in ZIP Code 11366 (Fresh Meadows, NY) is $786,700.
2

Are homes expensive in ZIP Code 11366?

The median home value in 11366 ($786,700) is an estimated 151% higher than the aggregate median value of $313,700 in New York, and is 262% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 11366?

The vacacy rate for owner-occupied housing in ZIP Code 11366 is 2.9%. This rate is 71% higher than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 11366 vacancy rate is 81% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 11366 have older homes or newer construction?

In ZIP Code 11366, about 35.2% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 26.7% of homes in the region were built in 1940 to 1949. In contrast, 0.2% of homes in 11366 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 11366? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 11366 than renter-occupied housing. Owner-occupied units make up 66.4% of housing, compared to 33.6% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 11366?

The vacacy rate for rental units in ZIP Code 11366 is 1.9%. This rate is 55% lower than the overall New York vacancy rate of 4.2%. Additionally, the 11366 vacancy rate is 68% lower than the entire U.S. vacancy rate of 6.0%.