Elmont Housing Market — 2025 Year in Review

A full-year retrospective for Elmont (ZIP 11003, Nassau) covering calendar 2025. Open/close, high/low, full-year change, the mortgage rate environment, the macro events that shaped the year, and my professional read on what it meant for Nassau homeowners. Sources cited inline: Zillow Research, Freddie Mac via FRED, NYC DOF.

Here is what I observed in 2025, the Zillow Home Value Index for ZIP 11003 (Elmont, Nassau) opened at $682,919 and closed at $708,340. For the full year, the index climbed +3.72% ($25,421). The year-high was $708,340 in December 2025 and the year-low was $682,919 in January 2025. The Freddie Mac PMMS 30-year fixed mortgage rate averaged 7.04% nationally during 2025 (range: 6.78–7.42%).

Long-term frames for 2025

vs end of 2024: +3.78% ($25,788).

vs end of 2020: +35.32% over five years ($184,899).

vs end of 2015: +90.71% over ten years ($336,921).

Mortgage rate context for 2025

During 2025, the Freddie Mac PMMS 30-year fixed averaged 7.04% (range: 6.78–7.42%). 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.

I think: what 2025 meant for Elmont

In my professional opinion as a licensed New York State Real Estate Salesperson, 2025 was a climbed year for ZIP 11003 based on Zillow ZHVI. The full-year move of +3.72% occurred against a mortgage backdrop averaging 7.04% — meaningful context, because price direction in any given year reflects the joint outcome of rate environment, federal policy, regional supply, and local demand.

I observe that Elmont has historically been supported by a multilingual immigrant buyer base, strong multi-family ownership culture, and proximity to NYC transit corridors. In my professional opinion, ZIP 11003 may continue to be supported by these long-running structural drivers — though this is a subjective view, not a forecast.

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.

Compare Elmont to neighboring Nassau markets — 2025 year-end

Same year-end snapshot (2025-12), nearby ZIPs in Nassau. Click any tile to read that ZIP's full year-in-review.

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.

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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.