Housing in Locust Valley, NY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$1,067,500
Median List Price
$614,444
Price Per Sq Ft
$528
Days on Market
31
Active Inventory
6
Months of Supply
3.0
Seller's market
Zillow Home Value
$1,175,950
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$528
Median List $/SF
$555
Locust Valley vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Locust Valley is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$775,200
Median Rent
$2,274
Total Housing Units
1,283
Vacancy Rate
3.3%
Owner Occupied
75.1%
Renter Occupied
24.9%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$3,307
Housing Types
The current median sale price in Locust Valley, NY is $1,067,500 according to Redfin data. Homes spend a median of 31 days on the market. 50.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $528. The median rent is $2,274 per month (Census ACS). About 75.1% of housing units are owner-occupied. The median year homes were built is 1945. There are 1,283 total housing units.