Valley Stream, New York Housing Market

What stands out in Valley Stream?

• 17% of occupied homes are rented: among the lowest renter shares of 765 tracked cities. Most residents own, so the tenant pool is thin. Your exit buyer may be an owner-occupant.
• 12% of sellers have cut their price: among the lowest share of price cuts of 765 tracked cities. Sellers are holding firm on price.
• The median household earns $139,124 a year: among the highest incomes of 765 tracked cities. Tenants can carry higher rents.

What moves the numbers in Valley Stream?

Valley Stream asking prices per square foot were above the year before in 89% of months since the data starts. Within a year, the cheapest and priciest months differ by about 7.8%. That is bigger than the yearly trend, so timing your purchase matters here. Nothing in Valley Stream's numbers is far from its own normal. Your return comes from the property and the price you negotiate.

Is now a good time to buy in Valley Stream?

The median asking price is 3.8% below its Mar 2026 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Valley Stream prices have risen in 99 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

Who will rent from you in Valley Stream?

Only 17 out of every 100 Valley Stream households rent. This is an owners' town. The renter share is growing. Five years ago it was 15 in 100. Renter households here average 2.6 people. Families rent here. Buy bedrooms. Studios will sit.

Households held flat in five years. The housing stock shrank 1%. The two are moving in step. Just 4.1% of homes sit empty. A well-priced rental fills fast here.

The median Valley Stream household earns $139,124 a year. Incomes here have grown 4.3% a year since 2019. Incomes and home prices are rising in step. A typical home costs 6.6 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $3,478 a month.

To see what one Valley Stream address would rent for and cash flow, run it through the app.

How much can you negotiate in Valley Stream?

For every 100 homes still for sale, 47 are under contract. In 2017–2019 at this time of year it was 32. The rest are still waiting for a buyer. Few sellers are dropping their price. Asking prices are holding firm. Your discount will come from one stale listing.

The typical Valley Stream listing has been on the market 52 days. That is 17% longer than a year ago. There are 132 homes for sale in Valley Stream. That is 2.0 times the tightest month on record, but below the peak of 226. Supply is growing against last year.

What to do about it

• Judge each listing on its own.
• Homes listed 60+ days ago with a price cut are where your discount is.
• Fresh, well-priced homes will not move on price. Do not waste offers on them.

How does Valley Stream compare with other New York markets?

Ranked among the 14 New York markets we track:

• Asking price: 2nd priciest of 14. Valley Stream is at $921,909. Closest: White Plains and New York.
• Buyer competition: 2nd least competitive of 6. Valley Stream is at 0.47 buyers per home. Closest: Binghamton and New York.
• Time on market: 7th longest time on market of 14. Valley Stream is at a median of 52 days on market. Closest: White Plains and Utica.
• Price cuts: 6th fewest price cuts of 14. Valley Stream is at 12% of sellers cutting. Closest: Binghamton and Schenectady.

What numbers should you underwrite a Valley Stream deal with?

• Price growth to assume — +4.7%/yr. Valley Stream has grown about 4.7% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 0.7% over the last year. Use it for timing. The five-year rate is the better guide.
• Odds you cut your price to sell — 1 in 8. 12% of Valley Stream listings have cut their asking price. Underwrite your exit below asking.
• Competition when you exit — +40%. Homes for sale in Valley Stream are up 40% on last year, so your resale faces more competition than today's comps did.

Read how rent-to-price works and how we read these numbers, then run the numbers on a deal.

What is the median home price in Valley Stream?

The median asking price in Valley Stream is about $922,000 as of Sep 2026, up 3.3% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Valley Stream figures cover the 3 ZIP codes with a Valley Stream mailing address, which can reach past city limits.

Is Valley Stream a buyer's or seller's market in 2026?

Neither side has the upper hand in Valley Stream right now. We compare Valley Stream with 2017–2019 at this time of year: there are 47 pending sales per 100 listings, against 32 then; there are 28% fewer homes for sale; 12% of sellers have cut their price, against 13% then.

Are Valley Stream home prices going up or down?

The median asking price is 3.8% below its Mar 2026 peak. You are not buying at the top. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

What is the best month to buy a house in Valley Stream?

Across 9 full years, Valley Stream asking prices ran lowest in February, about 4.4% below the year's average. They peaked in November. The most homes for sale show up in September, about 10% above the yearly average.

What price growth should I assume for Valley Stream?

Assume +4.7% a year. Valley Stream has grown about 4.7% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices rose 0.7% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in Valley Stream?

HUD's fiscal year 2026 fair market rent for Nassau County is $2,747 a month for 2 bedrooms and $3,563 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.