Zip 11971 (Southold, NY) Housing

The housing market in 11971 Southold, NY is flourishing. The median value of homes is $893,300, which is significantly higher than the US house median value of $338,100. Furthermore, the house appreciation rate in Southold has been an impressive 13.07%, much more accelerated than the US 1 year appreciation rate of 8.27%. This indicates that home values in Southold are increasing rapidly compared to other areas in the country. Overall, Southold is a desirable location for housing and remains a lucrative investment opportunity for those looking to purchase property in this area.

The median home cost in Southold (zip 11971) is $893,300. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Southold (zip 11971) is up 16.1%.

Average Age of Homes

- The median age of Southold (zip 11971) real estate is 42 years old

The Rental Market in Southold (zip 11971)

- Renters make up 6.8% of the Southold (zip 11971) population
- 0.5% of houses and apartments in Southold (zip 11971), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Southold, New York	United States
	4,053.0	139,647,020.0
	48	42
	$893,300	$338,100
	16.1%	16.6%
	61.7%	57.0%
	83.6%	101.1%
	$22.72	$10.98
	$6,898	$2,690
	56.8%	57.4%
	32.3%	11.2%
	10.9%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.9%	0.4%
	30.8%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.0%	2.4%
	1.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	4.6%	20.1%
	1.1%	13.6%
	19.4%	8.3%
	44.7%	9.7%
	16.3%	3.9%
	6.8%	2.2%
	2.8%	0.8%
	2.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	11.4%	13.6%
	13.1%	13.2%
	19.8%	14.8%
	11.4%	13.6%
	6.7%	10.0%
	5.6%	4.7%
	14.8%	12.2%

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