11102 Zip Code Real Estate Market Continues Downward Trend in Price Cuts

Sales in the 11102 zip code market rose to four homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with two price reductions in the same time frame. As the lowering of listing prices trended lower, sale prices themselves have also been falling. The median sales price dropped to $592,500, extending an eight-week long spiral.

Trying to find an affordable a home? Take a look at these low-priced listings in the 11102 zip code:

$400K   $499K   $595K  

Get started right now by checking out 11102 homes for sale or reviewing 11102 real estate trends.

Demographic facts for the 11102 zip code:

  • The population growth rating is 46. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $7.16/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (8.6%), 15-29 min (21.6%), 30-44 min (35.7%), 45-59 min (17.4%), >60 min (16.6%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Charles Rutenberg Realty Inc
Snapped 2 homes in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.