Real Estate Market Update for 11939 (East Marion, NY)
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Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 12% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 100%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 440-thousand dollars. The number of units sold increased 100% year-over-year, and increased 100% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 11939 (East Marion, NY)
Area Information for 11939 (East Marion, NY)
  • Population: 960
  • Median Age: 54 yr
  • Median Commute Time: 13.32 mins
  • Sales Tax: 8.625%
  • Population Density: 429/sq mi
  • Population Change Since 2000: 19.7%
  • Closest Airport: Tweed-new Haven
  • Closest College: Lyme Academy College Of Fine Arts
  • Closest Jr. College: Suffolk County Comm College-eastern
  • Median Household Income: $73,288
  • Annual Residential Turnover: 6.54%
  • Median Years in Residence: 3.02 yr
  • Median Home Sales Price: $433,800
  • Closest Major Sports Team: New Britain Rock Cats
  • Change Avg. Household Income Since 2000: 66%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 11939 (East Marion, NY)
Median Age: 54 Married: 46% Number of Households: 428 Households with Children: 92
Community:
    • 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
      Local Weather for 11939 (East Marion, 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.