11520 Zip Code Real Estate Market Gets Price Cuts Bottom

Price reductions have decreased in the 11520 zip code market, reaching a low that hasn't been seen since July. With the market starting to get more expensive, there were 44 homes sold over the last 30 days. In comparison, the 11561 zip code had 52 price reductions in the same time frame, the most of all nearby zip codes. Furthermore, a three-week downward trend in new listings is expected to continue over the coming weeks. The median sales price dropped to $292,500, down from last week's $315,000.

Want a home with a large living space in the 11520 zip code? Start your search with these listings that provide the most in the area:

$899K   $949K   $304K  

Get started right now by checking out 11520 homes for sale or reviewing 11520 real estate trends.

Demographic facts about the 11520 zip code:

  • 55 years old is the median age of all the homes in the area.
  • The average snowfall is 26.9 inches per year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 44. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $10,374. ($5,691 = national average)

Data reported through 10/12/2016

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Re/Max Signature Real Estate
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Century 21 American Homes
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