The housing market in 11501 Mineola, NY is very strong. The median value of homes is $682,200, which is more than double the US median value of $338,100. This shows that the housing market in this area is highly desirable and also has had a great rate of appreciation over the past year, with an 8.72% increase compared to the national rate of 8.27%. This provides a great opportunity for those interested in buying property in this area to benefit from its strong appreciation and high demand.
The median home cost in Mineola (zip 11501) is $682,200. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Mineola (zip 11501) is up 12.8%.
Average Age of Homes
- The median age of Mineola (zip 11501) real estate is 64 years old
The Rental Market in Mineola (zip 11501)
- Renters make up 31.9% of the Mineola (zip 11501) population
- 1.6% of houses and apartments in Mineola (zip 11501), 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.