11962 Sagaponack, NY is an affluent area with a median housing value of $4,611,800, which is far higher than the US median housing value of $338,100. The US House appreciation rate is 8.27%, but in Sagaponack it is 13.07%. This reflects the higher demand for properties in this area due to its proximity to desirable amenities such as beaches and shopping centers. As such, people are willing to pay more for the privilege of owning a house here.
The median home cost in Sagaponack (zip 11962) is $4,611,800. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Sagaponack (zip 11962) is up 16.1%.
Average Age of Homes
- The median age of Sagaponack (zip 11962) real estate is 34 years old
The Rental Market in Sagaponack (zip 11962)
- Renters make up 0.5% of the Sagaponack (zip 11962) population
- 0.0% of houses and apartments in Sagaponack (zip 11962), 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.