Locust Valley, NY Real Estate
According to census data in the year 2000 there were 1,324 housing units in Locust Valley.
This represents a 12.1% decline from 1,506 in 1990.
Of those housing units, 1,324 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Locust Valley is about 72.8%.
Locust Valley's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Locust Valley were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||8.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1947|
|Median Value of occupied units||$307,600|
|Median Price asked for vacant units||$275,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.55|
|Median year structure was built||1941|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.5%|