ZIP 11003 (Elmont, NY) Housing Market & Real Estate Update — February 23, 2026
11003 – February 23, 2026 – Elmont (Nassau County) remains very competitive: Jan median sold near $750K, inventory limited, and rates eased to 6.01%.
Top takeaways
- Prices are still edging up: Redfin shows a January 2026 median sale price around $750K in ZIP 11003, up 2.8% year over year.
- Competition remains real: homes average about 4 offers and go pending in roughly a month (about 33 days) per Redfin.
- Inventory looks tight-to-moderate depending on the tracker: Zillow shows 61 homes for sale and 12 new listings (data through Jan 31, 2026).
- Rates eased again: Freddie Mac’s weekly average 30-year fixed rate was 6.01% as of Feb 19, 2026.
Today’s quick read for ZIP 11003 (Elmont area in Nassau County, NY) is mostly a data-first snapshot. If you are shopping for spring, the big theme is a competitive resale market where homes can still move quickly when priced right.
Market snapshot
Sales and pricing
Redfin’s latest ZIP-level update (January 2026) puts the median sold price at about $750,000 and the median sold price per square foot at about $561. Sales volume was 50 homes in January, down from 54 a year earlier, which can make month-to-month trends feel choppy.
Inventory and new listings
Zillow’s home value dashboard for 11003 shows a typical home value around $713,345 (through Jan 31, 2026). On the same dashboard, Zillow reports 61 for-sale listings and 12 new listings (through Jan 31, 2026). Different sites define inventory slightly differently, but the direction is consistent: not a lot of slack.
Mortgage rates (national)
Freddie Mac’s Primary Mortgage Market Survey shows the average 30-year fixed rate at 6.01% as of February 19, 2026 (15-year fixed: 5.35%). Small rate moves matter in a $700K–$800K market, so pre-approval and payment scenarios are worth revisiting before you bid.
What’s for sale and for rent (no addresses)
Current listing feeds for 11003 show mostly single-family homes with a spread from the mid-$500Ks into the $800Ks, plus occasional higher-end listings above $1M. You will also see some multi-family options and a small number of listings labeled new construction.
On rentals, Zillow’s observed rent metric shows an average rent around $2,967 for 11003 (through Jan 31, 2026). Realtor.com’s ZIP dashboard shows a higher median rent figure of $3,425 with 18 rentals in its December 2025 reporting period, which is a reminder to compare multiple sources when budgeting.
What to watch next
As we move toward early spring, watch for (1) whether new listings rise enough to reduce multiple-offer situations, and (2) whether days on market stays near the one-month range Redfin is showing. If you are selling, strong prep work (repairs, clean listing photos, clear disclosures) can still be the difference between a smooth deal and weeks of price reductions.
What are you seeing in ZIP 11003 right now: more buyers touring, more price cuts, or homes going fast?