Holbrook, NY 11741 Real Estate Market Report

ZIP Code: 11741
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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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.

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Holbrook NY 11741 market average 6.25%, which is 0.38% higher than the 5.87% average observed during the February 2026 market period.

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

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Key Findings

1. $629,900 median sold price is the primary indicator of recent transaction activity and suggests realized market value in Holbrook; however, the gap between the $650,000 median listing price and the median sold price may indicate seller expectations exceeding final transaction prices and pricing friction in negotiations.

2. The median days on market of 327 is unusually long for a market described as hot overall and points to slower sales velocity or search duration for buyers, which may reflect property-specific marketing challenges or condition-driven pacing rather than broad market weakness.

3. Price momentum is soft: the year-over-year price trend is down, which combined with a down rent trend and elevated interest rate pressure suggests affordability headwinds that may dampen near-term price appreciation.

4. Mortgage cost context is notable — Current 30-year fixed mortgage rates in the Holbrook NY 11741 market average 6.25%, which is 0.38% higher than the February 2026 average, and this elevated financing cost may further constrain buyer purchasing power despite the market temperature remaining hot.

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Notable Properties

The following 6 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.

Holbrook, NY 11741 Real Estate Market Report

ZIP Code: 11741
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Holbrook NY 11741 market average 6.25%, which is 0.38% higher than the 5.87% average observed during the February 2026 market period.

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

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Key Findings

1. The primary market-value indicator is the median sold price of 505,000, which anchors recent transaction activity in Holbrook and should be treated as the representative recent sale benchmark; local pricing shows a down year-over-year price trend despite a generally hot market temperature, suggesting pricing pressure on transactions.

2. Liquidity appears muted relative to the broader Long Island backdrop: the analysis sample includes 5 sold transactions, which supports a cautious interpretation of market velocity and suggests slower sales velocity or moderate transaction volume rather than robust turnover.

3. Rental context is weakening for investors and landlords: the median market rent is 2,900 and rent year-over-year trend is down, which may limit upside from leasing while sales prices are softening.

4. Interest-rate dynamics are a material headwind: interest rate pressure is elevated and current financing conditions show 30-year fixed mortgage rates averaging 6.25%, which the market notes is 0.38% higher than the 5.87% average observed during the February 2026 period; this elevated rate pressure may constrain buyer affordability and further slow sales velocity.

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