Location: Nassau-Suffolk, NY | Metro: Nassau-Suffolk, NY HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,240 |
| 1 Bedroom | $2,670 |
| 2 Bedrooms | $3,080 |
| 3 Bedrooms | $4,000 |
| 4 Bedrooms | $4,230 |
| 5 Bedrooms | $4,907 |
| 6 Bedrooms | $5,496 |
| 7 Bedrooms | $5,936 |
| 8 Bedrooms | $6,233 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $4,000 | $672,645 | 0.59% | F |
| 4BR | $4,230 | $796,998 | 0.53% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 11786 suggests a balanced market with implications for both pricing power and long-term investment potential. The median home value stands at $739,792, indicating a robust housing market where property values have stabilized at a high level.
The fact that the percentage of listings reduced is not available points to a market where price reductions are either infrequent or not significant enough to be reported, which can be interpreted as a strong indication that sellers are maintaining their asking prices. This stability supports the notion that there is a reasonable level of pricing power for landlords and small-portfolio investors, as they can likely maintain or slightly increase rents without significantly impacting occupancy rates.
The median days on market (DOM) being unavailable also signals a brisk pace of sales, suggesting that homes are selling quickly once listed. A low DOM typically indicates a seller's market, where demand outstrips supply, further supporting the idea of pricing power.
On the rental side, the Federal Market Rent (FMR) for ZIP 11786 in fiscal year 2024 is set at $3,090, while the current market rent based on Census ACS data is $1,809. This substantial gap between FMR and actual market rents highlights an opportunity for landlords to potentially raise rents closer to the FMR levels, especially if the local economy strengthens and job growth increases, driving up demand for rentals.
For long-hold investors, the setup implies a cautious approach to appreciation. While the current market values are strong, the lack of historical data on appreciation rates makes it difficult to project future gains with certainty. However, the underlying fundamentals—such as the strong median home value and the potential for rent increases—suggest that properties in ZIP 11786 will retain their value and could see modest appreciation over the next 12-24 months, contingent upon broader economic conditions and local market dynamics.
In summary, the combination of a stable median home value, quick sales, and the potential for higher rents points to a market where landlords and small-portfolio investors can maintain competitive pricing and rents. Long-term investors should focus on the intrinsic value of properties rather than speculative appreciation, given the limited data available on past performance.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.