Old Field First-Time Homebuyer Report for October

Old Field is a small city in New York with a median income of $170,135 per household. Besides being very affluent, its population is much younger than others with a median age of 49 years. The Old Field market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area.

Price Range

The median value of homes in Old Field is $842,500, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $1,342,708.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Old Field:

$899K   $895K   $1.1M  

Typical Dwelling

A five-bedroom detached home valued around $1,409,263 is considered a typical dwelling in Old Field. If a buyer was looking for a similar home, they would need good credit and a $281,853 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,818 and the property tax rate is $26.26 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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