Housing in 11956 New Suffolk, NY is an excellent investment opportunity due to its median value of $973,000 which is nearly three times the US median house value of $338,100. Moreover, in the past year, appreciation of houses in this area has grown by 13.07%, more than the national average of 8.27%. Therefore, investing in housing in 11956 New Suffolk, NY can be a great way to build wealth and increase one's financial security for themselves and their family.
The median home cost in New Suffolk (zip 11956) is $973,000. Home appreciation the last 10 years has been 83.6%. Home Appreciation in New Suffolk (zip 11956) is up 16.1%.
Average Age of Homes
- The median age of New Suffolk (zip 11956) real estate is 78 years old
The Rental Market in New Suffolk (zip 11956)
- Renters make up 12.4% of the New Suffolk (zip 11956) population
- 1.0% of houses and apartments in New Suffolk (zip 11956), 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.