11004 Zip Code Real Estate Market Sees Sales Decline

In this week's report, the number of homes sold in the 11004 zip code market slid to 10 over the past 30 days, a decrease of 9.1% from last week's report, but still above the monthly average. In comparison, the nearby 11040 zip code had 41 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 11004 zip code, and the median sales price this period increased from $461,500 to $463,250. In spite of the decrease in sales, a low three months of inventory signals that the 11004 zip code is a seller's market.

Still haven't found the right home in the 11004 zip code? One of these new listings could end the search:

$859K   $225K   $295K  

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Demographic facts about the 11004 zip code:

  • The median value of all homes in the area is $265,000.
  • Average number of rainy days is 124 per year. (U.S. average: 100)
  • This area has an unemployment rate of 8.9%.
  • There are 12.2 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016

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Exit Realty First Choice
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Kaled Management Corp.
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Charles Rutenberg Realty Inc
Snapped 4 homes in this area

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