11501 Zip Code First-Time Homebuyer Report for October

The population of the 11501 zip code is growing slightly slower than the rest of New York, at a 10-year growth rate of -1.2%. It's a larger than average zip code compared to the rest of the state, with 19,321 residents. With a median age of 59 years, homes in the 11501 zip code tend to be older than most. The best school in the zip code is Carrie Palmer Weber Middle School.

Price Range

The median value of homes in the 11501 zip code is $400,000, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $476,425. More sellers put their homes up for sale in the 11501 zip code market over the last 30 days and the number of new listings rose this week to 18. Home sales remained unchanged from the prior period and once again 10 homes were sold.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 11501 zip code:

$475K   $499K   $485K  

Typical Dwelling

A three-bedroom detached home valued around $497,607 is considered a typical dwelling in the 11501 zip code. If a buyer was looking for a similar home, they would need good credit and a $99,521 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,493 and the property tax rate is $23.43 per $1,000 of taxable assessed value.

Get started right now by checking out 11501 homes for sale or reviewing 11501 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Espanol Realty Ltd
Snapped 2 homes in this area
Toolsie Realty Group Inc
Snapped 3 homes in this area
Hillside Executive Realty Corp
Snapped 8 homes in this area

Agents that specialize in this area
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