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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.



Rocky Point, 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 Q4 2023. 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

Rocky Point, NY Housing Market Trends

With a population of 13,633, 5,003 total housing units (homes and apartments), and a median house value of $517,192, Rocky Point real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Rocky Point, accounting for 92.83% of the town's housing units. Other types of housing that are prevalent in Rocky Point include duplexes, homes converted to apartments or other small apartment buildings ( 3.21%), large apartment complexes or high rise apartments ( 2.94%), and a few row houses and other attached homes ( 1.02%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rocky Point. Owner-occupied housing accounts for 92.05% of Rocky Point's homes, and 67.33% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Rocky Point's housing was primarily built during this period, from the '40s through the '60s. A full 44.14% of the town's housing hails from this era. Other housing ages represented in Rocky Point include homes built between 1970-1999 ( 39.16%) and housing constructed before 1939 ( 10.62%). There's also some housing in Rocky Point built between 2000 and later ( 6.08%).

Rocky Point Home Appreciation Rates

Real estate appreciation rates in Rocky Point's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.99% during the period.

NeighborhoodScout's data show that during the latest twelve months, Rocky Point's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Rocky Point's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.

Relative to New York, our data show that Rocky Point's latest annual appreciation rate is lower than 90% of the other cities and towns in New York.

Average Home Values

Median Home Value

$517,192

Rocky Point, NY Home Prices
> $1,292,000
$969,001 - $1,292,000
$646,001 - $969,000
$517,001 - $646,000
$388,001 - $517,000
$259,001 - $388,000
$129,001 - $259,000
$65,001 - $129,000
$0 - $65,000
1.3%
1.3%
2.2%
2.2%
16.3%
16.3%
22.9%
22.9%
34.8%
34.8%
15.8%
15.8%
2.8%
2.8%
2.9%
2.9%
0.9%
0.9%
0% 100.0%
% of Homes
High

for New york

Very High

for nation

Number of Homes And Apartments:

5,003

Rocky Point Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,772 / per month

Homeownership Rate

Owners
Renters
92.0%
92.0%
8.0%
8.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.6%
5.6%
94.4%
94.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
6.1%
6.1%
39.2%
39.2%
44.1%
44.1%
10.6%
10.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
92.8%
92.8%
1.0%
1.0%
3.2%
3.2%
2.9%
2.9%
0.0%
0.0%
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
1.5%
1.5%
7.5%
7.5%
19.0%
19.0%
39.3%
39.3%
28.0%
28.0%
4.6%
4.6%
0% 100.0%
% of Homes