Zip 11560 (Locust Valley, NY) Housing

Housing in 11560 Locust Valley, NY is extremely expensive compared to the national average. The median value of a house in 11560 Locust Valley, NY is $965,800 while the US House Median Value is only $338,100. Similarly, the US 1 year House Appreciation rate is 8.27%, however the house 1 year appreciation rate in 11560 Locust Valley, NY is an even higher 8.72%. Therefore it can be concluded that housing in 11560 Locust Valley, NY is more expensive than most areas of the US with higher appreciation rates as well.

The median home cost in Locust Valley (zip 11560) is $965,800. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Locust Valley (zip 11560) is up 12.8%.

Average Age of Homes

- The median age of Locust Valley (zip 11560) real estate is 66 years old

The Rental Market in Locust Valley (zip 11560)

- Renters make up 19.5% of the Locust Valley (zip 11560) population
- 0.2% of houses and apartments in Locust Valley (zip 11560), 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	Locust Valley, New York	United States
	2,560.0	139,647,020.0
	66	42
	$965,800	$338,100
	12.8%	16.6%
	42.7%	57.0%
	75.2%	101.1%
	$18.84	$10.98
	$10,001	$2,690
	78.6%	57.4%
	6.9%	11.2%
	14.5%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.9%	0.4%
	1.9%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	0.5%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	1.1%	13.0%
	3.3%	20.1%
	1.2%	13.6%
	6.4%	8.3%
	31.8%	9.7%
	17.7%	3.9%
	11.4%	2.2%
	7.3%	0.8%
	18.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.2%	13.6%
	6.2%	13.6%
	2.6%	13.6%
	6.9%	13.2%
	9.7%	14.8%
	2.6%	13.6%
	19.8%	10.0%
	7.4%	4.7%
	32.0%	12.2%

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