11786 Zip Code Real Estate Market Reaches Contracts High

There were six homes sold in the 11786 zip code market over the last 30 days, prolonging a three-week trend. With a record nine contracts executed, the highest amount since July, that trend may be in for a turnaround. In comparison, 11727 led all other nearby zip codes with 38 contracts executed. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. Prices are falling in the 11786 zip code, and this period the median price of all sales fell from $443,000 to $378,000. Even with the rising sales, with seven months of inventory available, the 11786 zip code is a still strong buyer's market.

Looking for an affordable home? Check out these inexpensive listings in the 11786 zip code:

$224K   $242K   $249K  

Get started right now by checking out 11786 homes for sale or reviewing 11786 real estate trends.

Demographic facts about the 11786 zip code:

  • The median value of all homes is $370,000.
  • The area gets an average of 114 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 7.0%.
  • There are 14.7 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Little Bay Realty Inc
Snapped 3 homes in this area
Coach Realtors @ Mt Sinai
Snapped 1 home in this area

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