The housing market in 11720 Centereach, NY is a very desirable area to invest in. The median value of houses in this ZIP code is $486,600 which is significantly higher than the US median house value of $338,100. This indicates that investing in real estate here would be a good choice for those looking for high returns on their investments. Furthermore, the 1 year house appreciation was 9.97% compared to the US average of 8.27%. This shows that housing prices are appreciating rapidly and investing here could bring significant growth to an investor's portfolio.
The median home cost in Centereach (zip 11720) is $486,600. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Centereach (zip 11720) is up 13.1%.
Average Age of Homes
- The median age of Centereach (zip 11720) real estate is 49 years old
The Rental Market in Centereach (zip 11720)
- Renters make up 13.7% of the Centereach (zip 11720) population
- 0.4% of houses and apartments in Centereach (zip 11720), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.