11740 Zip Code First-Time Homebuyer Report for October

The 11740 zip code is younger than the rest of New York, with a median age of 43. It's very affluent as well, with a median income of $85,391 per household. The 11740 zip code market is almost exclusively made up of detached houses, which currently account for 92% of the homes for sale in the area. The top school in the zip code is Maud S Sherwood Elementary School.

Price Range

Some of the more expensive homes in New York are in the 11740 zip code with a median home value of $429,000 and an average list price for available homes currently at $501,817. The number of home sales in the 11740 zip code market spiked 28.6% to nine homes over the last 30 days, exceeding the 7.2 monthly average for the last 12 months.

Curious as to which homes have been getting the most attention in the 11740 zip code? These listings have stirred up interest and produced the most views:

$289K   $425K   $369K  

Typical Dwelling

A three-bedroom detached home valued around $444,074 is considered a typical dwelling in the 11740 zip code. If a buyer was looking for a similar home, they would need good credit and a $88,815 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,957 and the property tax rate is $26.26 per $1,000 of taxable assessed value.

Get started right now by checking out 11740 homes for sale or reviewing 11740 real estate trends.


Data reported through 10/13/2016

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