Real Estate Market Update for 11762 (Massapequa Park, NY)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was down 2% from one year earlier and up 7% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 58% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 380-thousand dollars. The number of units sold Decreased 47% year-over-year and Decreased 58% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 11762 (Massapequa Park, NY)
Area Information for 11762 (Massapequa Park, NY)
  • Community Character: High Percentage of Family Households, Very Low Residential Turnover, Coastal Area, Suburb of New
  • Population: 22,411
  • Median Age: 39.84 yr
  • Median Commute Time: 29.66 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 130
  • Sales Tax: 5%
  • Population Density: 7,072/sq mi
  • Population Change Since 2000: -4%
  • Closest Airport: John F Kennedy International
  • Closest College: Farmingdale Suny
  • Closest Jr. College: Island Drafting And Tech Inst
  • Median Household Income: $106,167
  • Annual Residential Turnover: 6.52%
  • Median Years in Residence: 9.21 yr
  • Median Home Sales Price: $381,500
  • Closest Major Sports Team: New York Islanders
  • Change Avg. Household Income Since 2000: 33%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 11762 (Massapequa Park, NY)
Median Age: 39.84 Married: 53% Number of Households: 7,621 Households with Children: 2,838
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 11762 (Massapequa Park, NY)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      East Lake Elementary School 0.3 mi Public K-6 5 5
      Birch Lane Elementary School 0.5 mi Public K-6 5 4
      Mckenna Elementary School 0.6 mi Public K-6 4 5
      Our Lady Of Lourdes School - Massapequa Park 1.5 mi Catholic PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics 2014
      Local Weather for 11762 (Massapequa Park, NY)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.