The housing market in 11779 Ronkonkoma, NY is very strong. The median value of homes in the area is $493,100, which is significantly higher than the US median house value of $338,100. Furthermore, the one year appreciation rate for houses in 11779 Ronkonkoma, NY stands at 9.97%, which is higher than the US 1 year house appreciation rate of 8.27%. These figures clearly demonstrate that the housing market in Ronkonkoma remains strong and has potential for further growth.
The median home cost in Ronkonkoma (zip 11779) is $493,100. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Ronkonkoma (zip 11779) is up 13.1%.
Average Age of Homes
- The median age of Ronkonkoma (zip 11779) real estate is 49 years old
The Rental Market in Ronkonkoma (zip 11779)
- Renters make up 22.9% of the Ronkonkoma (zip 11779) population
- 1.3% of houses and apartments in Ronkonkoma (zip 11779), 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.