East Farmingdale, NY has an impressive housing median value of $495,600, significantly higher than the US house median value of $338,100. The US house appreciation rate over the past year was 8.27%, but East Farmingdale has seen even greater appreciation with a 1 year appreciation rate of 9.97%. This high housing value and strong appreciation in East Farmingdale make it an attractive place to purchase a home.
The median home cost in East Farmingdale is $495,600. Home appreciation the last 10 years has been 71.3%. Home Appreciation in East Farmingdale is up 13.1%.
Average Age of Homes
- The median age of East Farmingdale real estate is 51 years old
The Rental Market in East Farmingdale
- Renters make up 32.1% of the East Farmingdale population
- 0.5% of houses and apartments in East 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.