The housing market in 11709 Bayville, NY is very strong. The median value of a house in the area is $635,700, which is approximately 88% higher than the US median value of $338,100. In addition to this high median value, the appreciation rate for houses over the last year has been 9.97%, which is higher than the national average of 8.27%. This means that the people living in 11709 Bayville are likely to make a good return on their investment should they decide to sell their home.
The median home cost in Bayville (zip 11709) is $635,700. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Bayville (zip 11709) is up 13.1%.
Average Age of Homes
- The median age of Bayville (zip 11709) real estate is 56 years old
The Rental Market in Bayville (zip 11709)
- Renters make up 16.5% of the Bayville (zip 11709) population
- 1.2% of houses and apartments in Bayville (zip 11709), 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.