The housing market in 11786 East Shoreham, NY is a sound and promising investment. The median value of homes in the area is $590,700, which is far above the US house median value of $338,100. In addition, the 1 year appreciation rate for houses in 11786 East Shoreham, NY is 9.97%, which surpasses the national average of 8.27%. Therefore, investing in this community makes sense as there is both a strong presence of higher-valued homes and good potential for future growth.
The median home cost in East Shoreham (zip 11786) is $590,700. Home appreciation the last 10 years has been 71.3%. Home Appreciation in East Shoreham (zip 11786) is up 13.1%.
Average Age of Homes
- The median age of East Shoreham (zip 11786) real estate is 44 years old
The Rental Market in East Shoreham (zip 11786)
- Renters make up 6.3% of the East Shoreham (zip 11786) population
- 0.1% of houses and apartments in East Shoreham (zip 11786), 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.