East Meadow, NY 11554 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood’s primary market value is best represented by the median sold price of $776,500, which indicates ongoing price strength consistent with the market being hot and a reported price year-over-year trend of up (HIGH/MEDIUM confidence).
2. The median listing price of $799,995 sits above the median sold price of $776,500, which may indicate seller price expectations exceed recent transaction levels and suggests pricing friction that buyers can exploit in negotiations if transaction velocity remains slow.
3. The median days on market of 351 points to slower sales velocity despite a hot market temperature; combined with elevated inventory relative to sales activity, this appears to reflect moderate liquidity rather than rapid turnover.
4. Local cost and rental context support continued demand: the median price per square foot of $515 and median market rent of $2,920, alongside rising rent year-over-year and the fact that current 30-year fixed mortgage rates are approximately 6.53%, which is 0.36% lower than the 6.89% average observed at this time in 2025, together suggest financing is slightly more favorable than last year and rental market strength is reinforcing buyer interest.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.