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South Valley Stream

Learn about the people, housing, costs and businesses in South Valley Stream, New York

Median Home$656,800
Median Rent$1,503/month
Population6,512
Leading IndustriesPublic Administration · Finance & Insurance · Information & Media35% public administration
Home Value Growth⬆⬆+14.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners85% of occupied units
NotableHighly Educated37% bachelor's · 17% graduate · top 2% nationally
NotableHigh Incomes$145k/year · top 4% nationally
South Valley Stream
NY

Explore South Valley Stream

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in South Valley Stream?

As of today, the 30-year fixed mortgage rate for South Valley Stream is approximately 6.792% (6.824% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in South Valley Stream?

The median home value in South Valley Stream is $657k. The median monthly rent is $1,503. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Valley Stream?

Home values in South Valley Stream have increased 14.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in South Valley Stream?

Based on a typical all-in ownership cost of $3,000/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $129k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Valley Stream is $145k/year.

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What industries drive the economy in South Valley Stream?

The largest employment sectors in South Valley Stream are public administration (35%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.