Contracts Low in 11428 Zip Code Real Estate Market

There were five homes sold in the 11428 zip code market over the last 30 days, while three contracts were executed. This marks the lowest amount since July, and could be a sign that the market is softening. When comparing other close-by zip codes within the same period, the most came from the 11364 zip code with 27 contracts executed. Potential buyers should note that prices went up in the 11428 zip code, with the median for this period rising from $521,000 to $545,000. A downturn in contracts, coupled with the availability of nine months of inventory, prove that the 11428 zip code is a solid buyer's market.

Trying to find a more traditional home in the 11428 zip code? Then check out these listings that were built before most others in the market:

$519K   $555K   $489K  

Get started right now by checking out 11428 homes for sale or reviewing 11428 real estate trends.

Demographic facts about the 11428 zip code:

  • This area has a rating of 46 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $7.16/$1,000.
  • People in this area have a commute time breakdown of: <15 min (6.3%), 15-29 min (22.9%), 30-44 min (23.3%), 45-59 min (11.2%), >60 min (36.4%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
EXIT Realty United
Snapped 1 home in this area
Charles Rutenberg Realty Inc
Snapped 1 home in this area
Majestic Homes & Estates Llc
Snapped 1 home in this area

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