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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Manhasset, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Manhasset, NY Housing Market Trends

With 8,176 people, 2,537 houses or apartments, and a median cost of homes of $1,237,818, Manhasset house prices are not only among the most expensive in New York, Manhasset real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Manhasset, accounting for 70.94% of the town's housing units. Other types of housing that are prevalent in Manhasset include large apartment complexes or high rise apartments ( 15.18%), duplexes, homes converted to apartments or other small apartment buildings ( 8.15%), and a few row houses and other attached homes ( 5.02%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Manhasset. Owner-occupied housing accounts for 71.26% of Manhasset's homes, and 65.34% have either three or four bedrooms, which is average sized relative to America.

The housing in Manhasset was primarily built before 1939 ( 49.23%), making the housing stock in Manhasset some of the oldest overall in America, although there is a range of ages of homes in Manhasset. The next most important housing age is between 1940-1969 ( 29.03%), followed by between 1970-1999 ( 14.64%). There's also some housing in Manhasset built between 2000 and later ( 7.10%).

Manhasset Home Appreciation Rates

Real estate appreciation rates in Manhasset's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.44% during the period.

Appreciation rates are so strong in Manhasset that despite a nationwide downturn in the housing market, Manhasset real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Manhasset appreciation rates continue to be some of the highest in America, at 9.85%, which is higher than appreciation rates in 86.68% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Manhasset. Manhasset appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.

Relative to New York, our data show that Manhasset's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

Median Home Value

$1,237,818

Manhasset, NY Home Prices
> $1,311,000
$983,001 - $1,311,000
$655,001 - $983,000
$524,001 - $655,000
$393,001 - $524,000
$262,001 - $393,000
$131,001 - $262,000
$66,001 - $131,000
$0 - $66,000
63.1%
63.1%
21.2%
21.2%
11.2%
11.2%
1.1%
1.1%
0.3%
0.3%
0.6%
0.6%
1.7%
1.7%
0.4%
0.4%
0.4%
0.4%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

2,537

Manhasset Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,755 / per month

Homeownership Rate

Owners
Renters
71.3%
71.3%
28.7%
28.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.0%
9.0%
91.0%
91.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
7.1%
7.1%
14.6%
14.6%
29.0%
29.0%
49.2%
49.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.9%
70.9%
5.0%
5.0%
8.1%
8.1%
15.2%
15.2%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.4%
2.4%
8.3%
8.3%
13.9%
13.9%
38.0%
38.0%
27.3%
27.3%
10.1%
10.1%
0% 100.0%
% of Homes