Housing in 11566 Merrick, NY has a median value of $729,200, which is significantly higher than the US house median value of $338,100. In the last year, the appreciation rate for houses in Merrick was 8.72%, which is higher than the US appreciation rate of 8.27%. This indicates that housing prices are on an upward trend in this area and makes it a desirable place to live or buy property.
The median home cost in Merrick (zip 11566) is $729,200. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Merrick (zip 11566) is up 12.8%.
Average Age of Homes
- The median age of Merrick (zip 11566) real estate is 62 years old
The Rental Market in Merrick (zip 11566)
- Renters make up 5.3% of the Merrick (zip 11566) population
- 0.1% of houses and apartments in Merrick (zip 11566), 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.