Farmingdale, NY has an impressive median home value of $540,600, which is almost double the US median home value of $338,100. In the last year alone, homes in Farmingdale have seen a 9.97% appreciation rate - higher than the US average of 8.27%. These figures show that Farmingdale is an attractive place to invest in property, with a high potential for substantial returns.
The median home cost in Farmingdale is $540,600. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Farmingdale is up 13.1%.
Average Age of Homes
- The median age of Farmingdale real estate is 57 years old
The Rental Market in Farmingdale
- Renters make up 28.9% of the Farmingdale population
- 0.7% of houses and apartments in Farmingdale, 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.