11024 Zip Code First-Time Homebuyer Report for October

The 11024 zip code has a much older population than other areas in New York with a median age of 36 years. It is also very affluent with a median income of $126,457 per household. The 11024 zip code market almost exclusively consists of detached houses, accounting for 93% of the current homes in the area. Leading the list of best schools in the zip code are Stratford Avenue School, Garden City Middle School, and Garden City High School.

Price Range

Homes in the 11024 zip code are generally more expensive than others in the state with a median home value of $1,175,000 and an average list price of $2,921,760. The number of homes coming into the 11024 zip code market fell to four listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 11024 zip code:

$11M   $665K   $11.9M  

Typical Dwelling

A four-bedroom detached home valued around $1,875,625 is considered a typical dwelling in the 11024 zip code. If a buyer was looking for a similar home, they would need good credit and a $375,125 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $5,323 and the property tax rate is $23.43 per $1,000 of taxable assessed value.

Get started right now by checking out 11024 homes for sale or reviewing 11024 real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Edna Mashaal Realty Llc
Snapped 2 homes in this area
Daniel Gale Real Estate
Snapped 2 homes in this area
Edward Sorensen, Broker
Snapped 1 home in this area

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