East Rockaway, NY is a desirable location for many home buyers due to its relatively high median housing value of $630,200. This is notably higher than the national median of $338,100. The one year appreciation rate in East Rockaway is 8.72%, which is also higher than the national rate of 8.27%. This indicates that the market for homes in East Rockaway has been consistently growing over the past year and is a good indication for potential buyers looking to invest in real estate.
The median home cost in East Rockaway is $630,200. Home appreciation the last 10 years has been 75.2%. Home Appreciation in East Rockaway is up 12.8%.
Average Age of Homes
- The median age of East Rockaway real estate is 67 years old
The Rental Market in East Rockaway
- Renters make up 24.0% of the East Rockaway population
- 1.7% of houses and apartments in East Rockaway, 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.