The housing market in 11738 Farmingville, NY is doing very well compared to the national average. According to recent data, the median value of a house in this area is $506,800 which is significantly higher than the US house median value of $338,100. The US 1 year house appreciation rate was 8.27%; however, the house 1 year appreciation rate for Farmingville was 9.97% – even higher than the national average! This shows that the housing market in this area is strong and increasing in value at an accelerated rate.
The median home cost in Farmingville (zip 11738) is $506,800. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Farmingville (zip 11738) is up 13.1%.
Average Age of Homes
- The median age of Farmingville (zip 11738) real estate is 44 years old
The Rental Market in Farmingville (zip 11738)
- Renters make up 17.3% of the Farmingville (zip 11738) population
- 3.1% of houses and apartments in Farmingville (zip 11738), 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.