Suffolk County, NY has seen substantial growth in housing values over the past year. The median value of a house in Suffolk County is $565,700, which is significantly higher than the US median value of $338,100. Moreover, while the US one-year house appreciation rate was 8.27%, Suffolk County saw an even higher appreciation rate of 12.90%. This indicates that real estate in Suffolk County is booming and could be a great investment for potential buyers.
The median home cost in Suffolk County is $565,700. Home appreciation the last 10 years has been 73.4%. Home Appreciation in Suffolk County is up 13.6%.
Average Age of Homes
- The median age of Suffolk County real estate is 49 years old
The Rental Market in Suffolk County
- Renters make up 18.0% of the Suffolk County population
- 0.6% of houses and apartments in Suffolk County, 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.