Plainview, NY 11803 Real Estate Market Report

ZIP Code: 11803
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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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. The neighborhood's primary market signal is the median sold price; $906,500 should be treated as the representative recent sale benchmark for valuation and comps and reflects realized market value in May 2026 (up price trajectory).

2. Listing-versus-sale dynamics show a higher median listing price of $1,150,000, creating a visible gap versus the median sold price that may indicate pricing friction or seller optimism even as the broader market temperature is described as hot.

3. Liquidity shows a mixed signal: the median days on market is 312, which suggests slower sales velocity and extended negotiation windows despite the market being characterized as hot and price year-over-year trend noted as up.

4. Unit economics and rental context: the median price per square foot is $549 and the median market rent is $4,500, with rent year-over-year trend up, though interest rate pressure is assessed as moderate, which may temper leverage-driven demand.

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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.

Plainview, NY 11803 Real Estate Market Report

ZIP Code: 11803
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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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. The primary market indicator, $744,500, represents the neighborhood's median sold price and anchors current market value — this level, combined with a hot market temperature, suggests recent transactions are supporting price strength.

2. Despite price strength, the market shows slower sales velocity as evidenced by a 399 median days on market; this extended time on market may indicate pricing friction or selective buyer behavior rather than broad market weakness, and sellers should account for longer holding periods when planning disposition.

3. Pricing density remains elevated with a $568 median price per square foot alongside a $4,500 median market rent, signaling strong per-unit value and robust rental demand; investors should weigh rental cashflow assumptions against these price levels.

4. Market-level trends are supportive: the price year-over-year trend is up and the rent year-over-year trend is up, while interest rate pressure is moderate — the latter warrants cautious underwriting (moderate) but does not negate the positive price and rental momentum.

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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.