Nassau County First-Time Homebuyer Report for October

Nassau County has a younger population than other areas in New York with a median age of 41 years. It also ranks as the sixth- richest with a median income of $88,105 per household. The three cities with the largest populations are Hempstead, Levittown, and Freeport. The Nassau County market is primarily made up of detached houses, which currently account for 83% of the homes for sale in the area. Leading the list of best schools in the county are John Philip Sousa Elementary School, Jericho Middle School, and Garden City High School.

Culture

If you are interested in some outdoor fun, Foursquare says that Eisenhower Park and Old Westbury Gardens are the most popular places in Nassau County. If you're looking for some recommended attractions, local favorites are United Artists Westbury 12 IMAX & RPX and AMC Loews Raceway 10. You could also try out the popular Vincent's Clam Bar, Famous Dave's, and Bobby's Burger Palace if you dine out.

Price Range

Some of the more expensive homes in New York are in Nassau County with a median home value of $395,500 and an average list price for available homes currently at $557,751. The homes with the highest value are in Kings Point, Sands Point, and Old Brookville.

Curious as to which homes have been getting the most attention in Nassau County? These listings have stirred up interest and produced the most views:

$3.5M   $858K   $419K  

Typical Dwelling

The typical dwelling in Nassau County is a four-bedroom detached home worth about $635,917. To purchase a similar home, a buyer with good credit and a $127,183 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,964 monthly payment. The property tax rate is $23.43 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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