Plainview, NY 11803 Real Estate Market Report

ZIP Code: 11803
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Plainview, NY as of April 2026 is characterized by a median sold price of $899,444, reflecting a competitive environment despite a slight year-over-year decline in home prices. The neighborhood has decreased 8% since 2022, indicating a softening trend in market values. Homes are moving quickly, with a median days on market of 292, suggesting strong demand relative to the available inventory, which remains elevated.

While the median listing price stands at $999,000, the gap between listing and sold prices may indicate some pricing friction as sellers adjust expectations in light of recent market trends. The overall market temperature is considered hot, with moderate interest rate pressure impacting buyer behavior. This dynamic suggests a robust demand for homes, although the declining rental prices contrast with the broader regional trends, indicating a potential shift in rental market dynamics.

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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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Property Taxes

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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 Plainview NY are averaging 6.38%, which is 0.28% higher than the average rate of 6.10% seen in early 2026.

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 median sold price of $899,444 reflects a competitive market, despite a slight down trend in home values.

2. With a median days on market of 292, properties are experiencing slower sales velocity, indicating moderate transaction activity.

3. The median listing price of $999,000 suggests that sellers may need to adjust expectations due to the decreasing trend in sold prices.

4. Rental prices are trending down, contrasting with regional increases, which may affect investor sentiment.

5. Current mortgage rates are averaging 6.38%, which is moderate compared to earlier in the year, potentially impacting buyer affordability.

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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.