What is the median home value in Locust Valley, NY?

Name: Home values in Locust Valley, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Locust Valley, NY is $846,500 (±$46,441), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Locust Valley, the median home value went from $595,900 in 2015–2019 to $846,500 in 2020–2024 (+42.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $846,500 (±$46,441)
Owner-occupied homes: 1,069 (±153)
Most common range: $500,000 to $999,999

Home values in Locust Valley

Owner-occupied homes by value, 2020–2024
Value	Locust Valley	Nassau County	New York	United States
Less than $50,000	0.0% (±3.9 points)	1.1%	3.9%	5.3%
$50,000 to $99,999	1.3% (±2.0 points)	1.1%	5.6%	6.1%
$100,000 to $149,999	0.0% (±3.9 points)	0.5%	6.7%	6.8%
$150,000 to $199,999	0.0% (±3.9 points)	0.8%	8.3%	9.0%
$200,000 to $299,999	0.0% (±3.9 points)	2.4%	13.2%	17.8%
$300,000 to $499,999	0.7% (±1.1 points)	14.1%	19.7%	26.9%
$500,000 to $999,999	75.1% (±10.0 points)	63.4%	30.1%	20.9%
$1,000,000 or more	22.8% (±9.6 points)	16.6%	12.6%	7.1%

The most common range is $500,000 to $999,999, 75.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Locust Valley against Nassau County, its state and the nation

Estimate (90% margin of error)
	Locust Valley	Nassau County	New York	United States
Median home value	$846,500 (±$46,441)	$684,700 (±$2,833)	$423,800 (±$1,627)	$332,700
Owner-occupied homes	1,069 (±153)	375,466 (±2,322)	4,196,985 (±19,607)	84,210,142

In Locust Valley, the median home value is higher than in Nassau County ($684,700).

It is also higher than in New York ($423,800).

It is higher than the national figure ($332,700).

In Nassau County, Locust Valley ranks 15 of 62 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 44 of 403.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Locust Valley have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$595,900 (±$43,108)	$846,500 (±$46,441)	+42.1%	Up after inflation
Median owner cost with a mortgage	$3,131 (±$490)	$3,973 (±$596)	+26.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Locust Valley

Nearest places with a published estimate, compared with Locust Valley
Place	Distance	Median home value	Compared with this place
Locust Valley	—	$846,500 (±$46,441)	—
Village of Lattingtown	1.2 mi	$1,633,900 (±$200,790)	Higher
Village of Matinecock	1.4 mi	$2,000,000 or more	—
Village of Mill Neck	1.6 mi	$1,368,800 (±$345,926)	Higher
Village of Bayville	2.5 mi	$710,000 (±$42,665)	Lower
Village of Upper Brookville	2.5 mi	$2,000,000 or more	—
Glen Head	2.7 mi	$872,000 (±$81,003)	Not measurably different
Glen Cove	2.9 mi	$698,900 (±$32,993)	Lower
Village of Old Brookville	3.0 mi	$2,000,000 or more	—

Nearby places with a measurably lower figure: Village of Bayville, NY ($710,000), Glen Cove, NY ($698,900).

Nearby places with a measurably higher figure: Village of Lattingtown, NY ($1,633,900), Village of Mill Neck, NY ($1,368,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Nassau County, place by place

Rank	Place	Median home value
9	Jericho	$948,400 (±$26,922)
10	Old Bethpage	$913,000 (±$48,364)
11	Lido Beach	$896,000 (±$62,547)
12	Glenwood Landing	$895,400 (±$41,660)
13	Syosset	$874,300 (±$20,217)
14	Glen Head	$872,000 (±$81,003)
15	Locust Valley	$846,500 (±$46,441)
16	Garden City Park	$834,500 (±$26,389)
17	East Norwich	$828,100 (±$57,850)
18	Herricks	$825,400 (±$42,685)
19	East Atlantic Beach	$810,300 (±$64,611)
20	Albertson	$803,900 (±$28,325)
21	North New Hyde Park	$796,700 (±$28,519)

Showing 13 of 62 places in Nassau County, ranked from highest to lowest.

Locust Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside the Town of Oyster Bay, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Locust Valley

What is the average home value in Locust Valley, NY?

The Census Bureau publishes the median: $846,500 (±$46,441) for owner-occupied homes in Locust Valley (2020–2024 American Community Survey).

Have home values in Locust Valley gone up?

In Locust Valley, the median home value went from $595,900 in 2015–2019 to $846,500 in 2020–2024 (+42.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Locust Valley sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Locust Valley CDP, New York (place:43192, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.