The housing market in Patchogue, NY is thriving. The median value of houses in the area is currently $466,200, which is significantly higher than the US house median value of $338,100. Additionally, the 1 year appreciation rate for houses in Patchogue is 9.97%, which is higher than the US average of 8.27%. This demonstrates that Patchogue is a great place to buy a home as it offers a great value and potential for growth.
The median home cost in Patchogue is $466,200. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Patchogue is up 13.1%.
Average Age of Homes
- The median age of Patchogue real estate is 51 years old
The Rental Market in Patchogue
- Renters make up 40.1% of the Patchogue population
- 0.8% of houses and apartments in Patchogue, 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.