11770 Zip Code Real Estate Market Sees Home Sales Decline

In this week's report, the number of homes sold in the 11770 zip code market fell to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Meanwhile, the 11772 zip code reported 51 home sales, the highest number from all the surrounding zip codes. Potential buyers should note that prices are coming down in the 11770 zip code, and for this period the median sales price slid from $819,000 to $773,000. Along with the slip in sales, a relatively high 40 months of inventory indicates that the 11770 zip code is a definite buyer's market.

Want a more traditional home in the 11770 zip code? Then start your search with these listings that were built before most others in the market:

$690K   $799K   $765K  

Get started right now by checking out 11770 homes for sale or reviewing 11770 real estate trends.

Demographic facts about the 11770 zip code:

  • The median house value here is $667,500.
  • The area gets 118 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 7.0%.
  • The students per teacher ratio in this area is 5.5:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
William Raveis Real Estate
Snapped 3 homes in this area

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