Fire Island, NY is a popular destination for vacationers and homeowners alike. The median value of housing in Fire Island is impressively high at $511,800, which is significantly higher than the national median of $338,100. The area has seen strong appreciation in recent years with the 1 year house appreciation rate reaching 9.97%, ahead of the national rate of 8.27%. With its beautiful scenery and tight-knit communities, Fire Island has become an attractive area for those looking to invest in a home or vacation property.
The median home cost in Fire Island is $511,800. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Fire Island is up 13.1%.
Average Age of Homes
- The median age of Fire Island real estate is 51 years old
The Rental Market in Fire Island
- Renters make up 0.7% of the Fire Island population
- 0.1% of houses and apartments in Fire Island, 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.