Suffolk County First-Time Homebuyer Report for October

Suffolk County has one of the most prosperous populations in New York with a median income of $81,601 per household. On top of being ranked the fourth- most affluent county, its population is older than others with a median age of 39 years. Brentwood, West Babylon, and Coram are its three most populated cities. The Suffolk County market is primarily made up of detached homes, currently accounting for 84% overall. The best schools in the county are Daniel Street School, Port Jefferson Middle School, and Cold Spring Harbor High School.

Price Range

The median value of homes in Suffolk County is $320,000, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $398,916. The homes with the highest value are in Sagaponack, East Hampton, and Quogue.

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

$729K   $689K   $1.2M  

Typical Dwelling

A three-bedroom detached home valued around $376,956 is considered a typical dwelling in Suffolk County. If a buyer was looking for a similar home, they would need good credit and a $75,391 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,200 and the property tax rate is $26.26 per $1,000 of taxable assessed value.

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

Data reported through 10/13/2016


Ask a local expert about this area:
Douglas Elliman Real Estate
Snapped 4 homes in this area
Exit Home Key Realty
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Coach Real Estate Assoc Inc
Snapped 42 homes in this area

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