The housing market in 11735 South Farmingdale, NY is extremely competitive, with a median value of $554,500. This is significantly higher than the national median value of $338,100, and it shows that this area is experiencing greater appreciation than many other parts of the country. Over the past year, the median house appreciation rate has been 9.97%, much higher than the national average of 8.27%. It is no surprise that this area is a hot spot for homebuyers looking to invest in real estate.
The median home cost in South Farmingdale (zip 11735) is $554,500. Home appreciation the last 10 years has been 71.3%. Home Appreciation in South Farmingdale (zip 11735) is up 13.1%.
Average Age of Homes
- The median age of South Farmingdale (zip 11735) real estate is 60 years old
The Rental Market in South Farmingdale (zip 11735)
- Renters make up 18.0% of the South Farmingdale (zip 11735) population
- 0.3% of houses and apartments in South Farmingdale (zip 11735), 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.