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Lido Beach Housing Information

IndexLido BeachNew YorkNational
Median home price$634,800$286,300$184,700
Median rent asked$2,694$1,159$949
Avg. people per household2.42.62.6
Owner occupied households92.5%53.6%63.6%
Renter occupied households7.5%46.4%36.4%
Above, you will see a summary of real estate in Lido Beach, NY. On average, homes in Lido Beach, NY cost $634,800, a value that is 122% higher than the average in New York. In general terms, this results in Lido Beach, NY real estate being less affordable than New York real estate. On average, people who rent houses in Lido Beach, NY pay $2,694; this value is 132% higher than the average amount renters pay in New York. 92.5% of Lido Beach, NY residents own their own homes and, on average, each of the homes has 2.4 occupants. Lido Beach, NY real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Lido Beach, NY is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Lido Beach Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Lido Beach, NY. To estimate home affordability, one method is to use the ratio of home price to median household income. The Lido Beach, NY’s median home price stands at $634,800 while $157,656 is the value of the average household income. The resulting home price to income ratio, which is 4.0x, differs from the New York average as the ratio is 15% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Lido Beach, NY are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Lido Beach, NY.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Wyandanch, NY10,722$238,00029%
North Amityville, NY20,150$271,80047%
Roosevelt, NY16,675$285,60055%
Hempstead, NY55,454$306,90066%
Copiague, NY23,327$308,40067%
Lido Beach, NY2,699$634,800244%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
West Wyoming, PA2,699$128,40030%
Dodge Center, MN2,699$122,70034%
Elma Center, NY2,701$242,90032%
Donalsonville, GA2,701$0100%
Cannon AFB, NM2,701$0100%
Lido Beach, NY2,699$634,800244%

Source: The Lido Beach, NY housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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