11542 Zip Code Real Estate Market Continues Upward Trend in Price Cuts

The number of price cuts in the 11542 zip code market climbed to 39 over the last 30 days, furthering a recent positive trend. Perhaps due to the decreases in list prices, sales increased to 22 homes sold. The median sales price rose to $577,500 over the latest reporting period for the 11542 zip code, up from $490,000. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning the 11542 zip code is still a definite buyer's market.

For the best bang for your buck, check out these listings that recently had significant price cuts in the 11542 zip code:

$1.6M   $1.8M   $1.2M  

Get started right now by checking out 11542 homes for sale or reviewing 11542 real estate trends.

Demographic facts about the 11542 zip code:

  • This area has a median house value of $420,000.
  • Average number of rainy days is 116 per year. (U.S. average: 100)
  • The area's unemployment rate is 6.2%.
  • The students per teacher ratio in this area is 13.1:1. (15.3:1 = national average)

Data reported through 10/12/2016

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S A S Real Estate
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Daniel Gale Assoc Inc
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Station Realty Of Douglaston
Snapped 9 homes in this area

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