Elmont Housing Market — December 2025

A data-driven look at how single-family, multi-family, and rental values moved in Elmont (ZIP 11003, Nassau) during December 2025 — with full historical context from January 2024 forward. Sourced from Zillow Research, the NYC Department of Finance Rolling Sales dataset, Freddie Mac via FRED, and HUD Fair Market Rents.

Here is what I observed in December 2025, the Zillow Home Value Index for 11003 (Elmont, Nassau) registered at $708,340. Month over month, values edged up +0.43% ($3,012). Compared with December 2024, the index climbed +3.78% — a $25,788 swing over twelve months. Looking back two years to December 2023, the ZIP has moved +11.68% — a useful frame for sellers weighing whether to list now or hold.

Deep monthly analysis — Elmont (11003) in December 2025

A four-sentence breakdown of what the December 2025 data is actually saying about Elmont: direction, consistency, long-term frame, and the implication for sellers and buyers.

Statistical snapshot — trailing 12 months

Computed from the trailing 12-month ZHVI window ending December 2025.

Note: the underlying Zillow ZHVI is itself a smoothed, seasonally-adjusted estimate of the typical home value. The statistics above are computed from the trailing monthly ZHVI observations — they describe how the smoothed index has moved, not the distribution of individual transaction prices. For transaction-level price distribution, pull NYC DOF Rolling Sales for ZIP 11003.

Period-over-period change

What December 2025 tells us about Elmont

Here is what I observed in December 2025, the Zillow Home Value Index for 11003 (Elmont, Nassau) registered at $708,340. Month over month, values edged up +0.43% ($3,012). Compared with December 2024, the index climbed +3.78% — a $25,788 swing over twelve months. Looking back two years to December 2023, the ZIP has moved +11.68% — a useful frame for sellers weighing whether to list now or hold.

For homeowners in Elmont, the question is rarely "is the market up or down" — it is "is the current direction supported across multiple windows." Looking at the 1, 3, 6, and 12-month change above gives you a multi-frame view: short-term momentum, mid-term direction, and long-cycle trend. When all four windows agree, conviction is high. When they disagree, the market is in transition — that is usually when negotiation leverage opens up in either direction. The methodology behind the ZHVI is documented in Zillow's neural-ZHVI white paper.

This page focuses on ZIP 11003 specifically because Zillow's ZIP-level index isolates a tighter geography than borough or metro averages. That said, ZIP-level values smooth over block-by-block differences. A two-family on a tree-lined block trades differently than a similar property two blocks away near a busy commercial corridor. For an address-specific comparative market analysis (CMA), call Nitin at (917) 705-0132.

By property type: 1-family, 2-family, 3-family in Elmont

The aggregate ZHVI above blends every home type into one number. For an actual Elmont sale or purchase, the property class is everything. Below are class-specific estimates derived by scaling the all-homes ZHVI by typical NYC outer-borough class multipliers — the percentage movement matches the underlying ZHVI exactly; only the absolute dollars shift.

For actual recorded transactions by building class, the authoritative source is NYC DOF Rolling Sales — filter by ZIP 11003 and the building-class code shown in each section.

How to verify the class-specific numbers. Download the latest NYC DOF Rolling Sales spreadsheet for Nassau County. Filter by ZIP 11003 and building class (Class A for single-family, Class B for 2-3 family). The resulting transaction list shows actual recorded sale prices for the past 12 months — the ground truth you can cross-check against the estimates above.

How Elmont compares — New York vs nearby states vs the nation

An honest data view of how ZIP 11003 stacks up against New York State, neighboring tri-state markets (New Jersey, Connecticut), the broader Northeast (Pennsylvania, Massachusetts), and the United States as a whole. All figures are real Zillow ZHVI values — same source for every row, same as-of date (December 2025).

Returns shown are simple price-index appreciation (Zillow ZHVI, all-homes, smoothed, seasonally-adjusted). Excludes carrying costs, taxes, transaction friction, leverage. Period-end-to-period-end basis.

If you had invested $150,000 five years ago…

A simplified comparison: what $150,000 invested in December 2020 would be worth today based on each market's 5-year ZHVI appreciation — a typical 20% down on a mid-tier Queens or Long Island home in this price band. Excludes leverage, rental income, taxes, transaction costs — directional only, not a return on a real investment.

What the data suggests — and doesn't

ZIP 11003 (Elmont) has tracked roughly in line with the New York state average over the past 5 years (+35.32% vs +35.54%). Across the tri-state core, the 5-year leader by simple ZHVI appreciation has been CT at +51.45%. The national US average over the same 5-year window: +34.32%.

What this comparison does not say: whether one market is “better” than another. Different markets attract different buyer pools, carry different property-tax burdens, have different rental yields, and exhibit different volatility. The right comparison for an investment decision is address-specific and depends on your holding period, financing, and goals. For Nassau ZIPs, the durable factors that have historically supported appreciation include constrained supply, sustained immigrant buyer demand, transit access to Manhattan, and multi-family ownership culture — but these are historical observations, not forecasts.

Real estate is a leveraged, illiquid, location-specific asset. Index appreciation is one input among many. This page is research only — not investment advice. Past performance does not guarantee future returns. Consult licensed financial, tax, and legal advisors before investing.

Mortgage rate context for December 2025

Sticker prices get the headlines but the rate environment drives transaction volume — meaning sellers in high-rate periods face narrower qualified-buyer pools. The Freddie Mac Primary Mortgage Market Survey (PMMS) publishes the U.S. average 30-year fixed rate weekly — the historical time series is at FRED MORTGAGE30US.

For context, in 2025 the Freddie Mac PMMS 30-year fixed averaged 7.04%. "Rates re-stiffen; supply remains tight" — Mortgage rates moved back above 7% in early 2025 as longer-end Treasury yields climbed. Despite affordability pressure, NYC outer-borough inventory remained constrained — most owners with sub-4% locked-in rates declined to sell. Prices continued grinding higher in most Queens and Long Island ZIPs.

For first-time buyers, NYS HCR's SONYMA program may offer below-market rates and down-payment assistance. HUD-approved housing counselors are listed at hud.gov/findacounselor.

I think: where Elmont (11003) goes from here

In my professional opinion as a licensed New York State Real Estate Salesperson, the combination of (a) sustained twelve-month positive momentum in ZIP 11003, (b) limited active inventory across the Nassau multi-family stock, and (c) historically stable demand from the multilingual buyer base that has long supported this geography may continue to support a constructive price environment in the near to medium term. I observe the same pattern across most of the ZIPs i cover in Queens and Long Island.

That said, the rate environment is the largest single variable. Sustained 30-year fixed rates above 7% historically compress transaction volume; below 5.5% has historically been a tailwind for prices. As of December 2025, the rate is roughly 7.04% — meaningful enough to require sellers to price realistically and buyers to qualify carefully. This is not investment advice. If you are weighing whether to list or hold, the right analysis is address-specific, not ZIP-aggregate.

What I would tell a client considering a December 2025 sale

• List into multi-window momentum. When 3-month, 6-month, and 12-month deltas all point the same way, you are listing into trend rather than against it.
• Price to the comp set, not the ZIP median. The $708,340 ZHVI is a useful frame, not a price tag. Two homes on the same block can list 20% apart legitimately.
• Account for the rate environment in your buyer pool. At 7.04% the qualified-buyer pool is narrower than it was at 3.0%. Pricing aggressively for that pool matters.
• Marketing reaches multilingual buyers others miss. My outreach to English, Hindi, Punjabi, Gujarati, Urdu, Bengali, and Guyanese-Creole speaking networks is a real differentiator in Queens and parts of Long Island.

Who buys here — housing stock & ownership in 11003

Behind every price-trend story is a question of supply: how many homes exist in this ZIP, how old they are, and how many turn over each year. The U.S. Census Bureau's American Community Survey (5-Year) publishes housing-stock and owner-occupancy tables at the ZCTA level. For ZIP 11003, see Census Table B25024 (Units in Structure), B25034 (Year Structure Built), and B25003 (Tenure — owner vs. renter) at data.census.gov. Communities historically served in this ZIP include Caribbean, Hispanic, African American.

For rent affordability benchmarking specific to Nassau County, the U.S. Department of Housing and Urban Development publishes a Fair Market Rent table annually. FMR is the rate used for Section 8 and other federal subsidies and serves as a useful sanity-check against private-market asking rents.

More from Elmont (11003)

Continue tracking ZIP 11003: review prior or future monthly reports for context on the trend you're seeing now.

Compare to neighboring markets

Same month (December 2025), nearby ZIPs in Nassau. Click any tile to read that ZIP's report.

Frequently asked questions

News & research coverage of Long Island housing

Cross-check what you just read against journalists and academic researchers covering the same market. 26 outlets and institutions covering New York real estate — from national business networks to neighborhood-level coverage. We link to outlet section pages rather than individual articles so the references remain current.

External links open in a new tab. Listed for reader verification and journalistic context. We do not have an affiliate or referral relationship with any outlet listed.

For readers: use these as independent verification sources for the data and commentary above. The Zillow ZHVI and ZORI figures used throughout this page are also covered or cited by these outlets in their housing reporting. For the academic and government primary sources, see the “Sources & references” section below.