Ronkonkoma, NY has a median housing value of $511,300, which is significantly higher than the US median housing value of $338,100. The annual appreciation rate for housing in Ronkonkoma is also higher than the national rate at 9.96% compared to 8.27%. This makes Ronkonkoma an attractive option for people looking to invest in homes as they can potentially experience greater returns on their investment. Additionally, with the added appeal of living in a beautiful and vibrant area like Ronkonkoma, it’s easy to see why so many people are drawn to this area.
The median home cost in Ronkonkoma is $511,300. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Ronkonkoma is up 13.1%.
Average Age of Homes
- The median age of Ronkonkoma real estate is 47 years old
The Rental Market in Ronkonkoma
- Renters make up 20.6% of the Ronkonkoma population
- 1.0% of houses and apartments in Ronkonkoma, 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.