The housing market in 11980 Yaphank, NY has seen a significant appreciation rate over the past year. According to the data provided, the median value of a house in Yaphank is $404,000, which is significantly higher than the national median house value of $338,100. Furthermore, while the US housing market saw an appreciation rate of 8.27%, homes in Yaphank experienced an even more impressive 13.07% appreciation rate! This suggests that there is strong demand for real estate in this area and that buyers should act quickly to capitalize on these advantageous conditions.
The median home cost in Yaphank (zip 11980) is $404,000. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Yaphank (zip 11980) is up 16.1%.
Average Age of Homes
- The median age of Yaphank (zip 11980) real estate is 32 years old
The Rental Market in Yaphank (zip 11980)
- Renters make up 6.8% of the Yaphank (zip 11980) population
- 0.0% of houses and apartments in Yaphank (zip 11980), 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.