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Real Estate Prices & Overview

Valley Stream Southeast median real estate price is $851,727, which is more expensive than 63.1% of the neighborhoods in New York and 85.4% of the neighborhoods in the U.S.

The average rental price in Valley Stream Southeast is currently $4,714, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.8% of the neighborhoods in New York.

Valley Stream Southeast is a densely urban neighborhood (based on population density) located in Valley Stream, New York.

Valley Stream Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Valley Stream Southeast neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Valley Stream Southeast are 5.1%, which is lower than one will find in 64.8% of American neighborhoods. Demand for real estate in Valley Stream Southeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Valley Stream, the Valley Stream Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Valley Stream Southeast neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 10.0% of the Valley Stream Southeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.4% of America's neighborhoods.

Diversity

Did you know that the Valley Stream Southeast neighborhood has more Russian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.2% of this neighborhood's residents have Russian ancestry and 0.8% have Czechoslovakian ancestry.

Valley Stream Southeast is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Valley Stream Southeast neighborhood in Valley Stream are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.1% of the neighborhoods in America. In addition, 5.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 64.2% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Valley Stream Southeast neighborhood, 35.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 34.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.8%), and 12.3% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Valley Stream Southeast neighborhood is English, spoken by 57.8% of households. Other important languages spoken here include Spanish, Urdu (the national language of Pakistan), Chinese and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Valley Stream Southeast neighborhood in Valley Stream, NY, residents most commonly identify their ethnicity or ancestry as South American (10.8%). There are also a number of people of Asian ancestry (10.7%), and residents who report Italian roots (9.0%), and some of the residents are also of Puerto Rican ancestry (8.3%), along with some Russian ancestry residents (5.2%), among others. In addition, 36.1% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Valley Stream Southeast neighborhood spend between 30 and 45 minutes commuting one-way to work (36.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (61.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (10.0%) and 8.1% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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