11598 Zip Code Real Estate Market Gets Price Cuts Low Point

The 11598 zip code market is starting to tighten. While sales came in at seven homes sold over the last 30 days, price reductions are at their lowest number in three months, with 12 reported this week. In comparison, the 11561 zip code had 52 price reductions in the same time frame, the most of all nearby zip codes. The median sales price rose dramatically to $380,000 over the latest reporting period for the 11598 zip code, up from $285,000. The 11598 zip code is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.

If you need more bedrooms, take a look at these homes in the 11598 zip code that offer more than other listings:

$3.5M   $1.7M   $1.9M  

Get started right now by checking out 11598 homes for sale or reviewing 11598 real estate trends.

Demographic facts about the 11598 zip code:

  • The median value of all homes is $595,000.
  • This area usually gets 118 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 6.4%.
  • For every teacher there are 11.5 students in this area. (15.3 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Exit All Seasons Realty
Snapped 2 homes in this area
Coach Real Estate Assoc Inc
Snapped 1 home in this area
Adams First Choice Realty Inc
Snapped 9 homes in this area

Agents that specialize in this area
2 snaps in this area
1 snap in this area
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