11787 Zip Code Real Estate Market Extends Downward Trend in Home Prices

In this week's report, the number of homes sold in the 11787 zip code market dropped to 36 over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. In comparison, the nearby 11746 zip code had 59 sales in the same time frame, the most of all neighboring zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $433,750.

Looking to move to the 11787 zip code, but at an economical price? You may want to start with these low-cost listings:

$130K   $147K   $299K  

Get started right now by checking out 11787 homes for sale or reviewing 11787 real estate trends.

Demographic facts for the 11787 zip code:

  • The population density is 2,397.7 people per square mile.
  • The area's lifestyle rating is 80. (Scale: 1 = Worst, 100 = Best)
  • 83.8% of the residents commute to work alone in their car, 5.8% via carpool, and 4.8% by way of public transit.

Data reported through 10/12/2016

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Douglas Elliman Real Estate
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Executive Group Realty
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