The housing market in 11948 Laurel, NY is thriving. The median value of the houses in this area is $814,900, which is substantially higher than the US median value of $338,100. This demonstrates a strong appreciation for housing in this area. In addition, house values have appreciated by 13.07% in the past year compared to 8.27% across the United States as a whole. These figures indicate that homes in Laurel are very desirable and are likely to continue appreciating in value at a steady rate going forward.
The median home cost in Laurel (zip 11948) is $814,900. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Laurel (zip 11948) is up 16.1%.
Average Age of Homes
- The median age of Laurel (zip 11948) real estate is 45 years old
The Rental Market in Laurel (zip 11948)
- Renters make up 3.6% of the Laurel (zip 11948) population
- 0.0% of houses and apartments in Laurel (zip 11948), 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.