The housing market in 11954 Montauk, NY is thriving. The median value of homes in the area is $1,633,100, significantly higher than the national median value of $338,100. Additionally, the appreciation rate of homes in Montauk over the past year was 13.07%, much higher than the national appreciation rate of 8.27%. This makes Montauk an attractive option for potential home buyers looking to invest with a high return on investment.
The median home cost in Montauk (zip 11954) is $1,633,100. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Montauk (zip 11954) is up 16.1%.
Average Age of Homes
- The median age of Montauk (zip 11954) real estate is 39 years old
The Rental Market in Montauk (zip 11954)
- Renters make up 7.9% of the Montauk (zip 11954) population
- 0.2% of houses and apartments in Montauk (zip 11954), 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.