Zip 11702 (Babylon, NY) Housing

The housing market in 11702 Babylon, NY is quite strong; it has a median value of $577,800, which is significantly higher than the US median value of $338,100. Furthermore, over the last year house appreciation in this locale has been 9.97%, compared to the US appreciation of 8.27%. This indicates that Babylon's housing market is experiencing a period of strong growth; making it a great destination for those looking for an investment in real estate.

The median home cost in Babylon (zip 11702) is $577,800. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Babylon (zip 11702) is up 13.1%.

Average Age of Homes

- The median age of Babylon (zip 11702) real estate is 61 years old

The Rental Market in Babylon (zip 11702)

- Renters make up 20.9% of the Babylon (zip 11702) population
- 0.9% of houses and apartments in Babylon (zip 11702), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Babylon, New York	United States
	5,925.0	139,647,020.0
	65	42
	$577,800	$338,100
	13.1%	16.6%
	48.6%	57.0%
	71.3%	101.1%
	$22.72	$10.98
	$10,001	$2,690
	77.0%	57.4%
	7.3%	11.2%
	15.7%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.4%	2.4%
	0.4%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.3%	13.0%
	2.2%	20.1%
	17.7%	13.6%
	29.6%	8.3%
	31.4%	9.7%
	13.5%	3.9%
	2.8%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.9%	13.6%
	4.9%	13.6%
	1.9%	13.6%
	2.9%	13.2%
	10.5%	14.8%
	1.9%	13.6%
	28.4%	10.0%
	7.6%	4.7%
	26.8%	12.2%