The housing market in 11940 East Moriches, NY is quite strong. The current median value of housing in the area is $622,300, substantially higher than the US median of $338,100. Moreover, over the past year house appreciation has been at a robust 13.07%, far exceeding the 8.27% national rate of appreciation in the same period. With such a strong housing market and ample appreciation potential 11940 East Moriches, NY is an excellent option for anyone looking to invest in real estate in this area.
The median home cost in East Moriches (zip 11940) is $622,300. Home appreciation the last 10 years has been 83.6%. Home Appreciation in East Moriches (zip 11940) is up 16.1%.
Average Age of Homes
- The median age of East Moriches (zip 11940) real estate is 38 years old
The Rental Market in East Moriches (zip 11940)
- Renters make up 23.0% of the East Moriches (zip 11940) population
- 0.3% of houses and apartments in East Moriches (zip 11940), 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.