Lake Grove, NY Real Estate

According to census data in the year 2000 there were 3,519 housing units in Lake Grove. This represents a 6.6% growth from 3,301 in 1990.

Of those housing units, 3,519 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Grove is about 79.2%. Lake Grove's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 3.01 people.

The majority of houses, apartments or condos in Lake Grove were built after 1967.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom12.60%
Two Bedrooms14.30%
Three Bedrooms35%
Four Bedrooms27.20%
Five Bedrooms or more9.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.22
Median year structure was built1967
Median Value of occupied units$189,200
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1971
Median Monthly Rent asked for vacant units$601

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan11.70%
Simple Mortgage58.40%
Debt Free24.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23%