11724 Zip Code Real Estate Market Hits Price Cuts Milestone

The 11724 zip code market is starting to look less expensive. While sales came in at two homes sold over the last 30 days, price reductions are the highest they've been in three months, with 12 reported over the same period. When comparing other close-by zip codes within the same period, the most came from the 11743 zip code with 72 price reductions. The median sales price jumped to $1,575,000 over the latest reporting period for the 11724 zip code, up from $871,500. The 11724 zip code is a solid buyer's market, thanks to a big 28 months of inventory to choose from and a pullback in sales.

For the best bang for your buck, check out these listings that recently had significant price cuts in the 11724 zip code:

$12.5M   $8.8M   $1.5M  

Get started right now by checking out 11724 homes for sale or reviewing 11724 real estate trends.

Demographic facts about the 11724 zip code:

  • The population growth rating is 50. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 287.2 for every 100,000 people.
  • The health cost index score in this area is 111.2. (100 = national average)
  • Residents who travel to work by car account for 67.2% of all commuters, while carpools account for 2.1%, and public transit makes up 16.9%.

Data reported through 10/19/2016


Ask a local expert about this area:
Nightingale & Partners Inc
Snapped 4 homes in this area
Snapped 1 home in this area

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