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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.



Westbury, 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

Westbury, NY Housing Market Trends

With 15,734 people, 5,186 houses or apartments, and a median cost of homes of $655,364, Westbury house prices are not only among the most expensive in New York, Westbury 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 Westbury, accounting for 73.01% of the village's housing units. Other types of housing that are prevalent in Westbury include large apartment complexes or high rise apartments ( 13.28%), duplexes, homes converted to apartments or other small apartment buildings ( 12.59%), and a few row houses and other attached homes ( 1.11%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Westbury. Owner-occupied housing accounts for 81.33% of Westbury's homes, and 59.99% 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. Westbury's housing was primarily built during this period, from the '40s through the '60s. A full 59.36% of the village's housing hails from this era. Other housing ages represented in Westbury include homes built before 1939 ( 18.22%) and housing constructed between 1970-1999 ( 12.56%). There's also some housing in Westbury built between 2000 and later ( 9.86%).

Westbury Home Appreciation Rates

Real estate appreciation rates in Westbury's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.07% during the period.

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

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

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Westbury differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Westbury - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Westbury real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$655,364

Westbury, NY Home Prices
> $1,227,000
$920,001 - $1,227,000
$613,001 - $920,000
$491,001 - $613,000
$368,001 - $491,000
$245,001 - $368,000
$123,001 - $245,000
$61,001 - $123,000
$0 - $61,000
2.9%
2.9%
11.8%
11.8%
48.3%
48.3%
13.9%
13.9%
15.9%
15.9%
2.7%
2.7%
2.7%
2.7%
0.9%
0.9%
0.8%
0.8%
0% 100.0%
% of Homes
Very High

for New york

Very High

for nation

Number of Homes And Apartments:

5,186

Westbury Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,642 / per month

Homeownership Rate

Owners
Renters
81.3%
81.3%
18.7%
18.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.7%
3.7%
96.3%
96.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.9%
9.9%
12.6%
12.6%
59.4%
59.4%
18.2%
18.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.0%
73.0%
1.1%
1.1%
12.6%
12.6%
13.3%
13.3%
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
1.9%
1.9%
10.7%
10.7%
19.7%
19.7%
31.7%
31.7%
28.3%
28.3%
7.7%
7.7%
0% 100.0%
% of Homes