Ronkonkoma, NY 11779 - Real Estate Investment Insights & Performance Data

Welcome to our 11779 real estate data hub, tailored for investors in Ronkonkoma, NY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 11779 in Ronkonkoma, NY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SUFFOLK COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Ronkonkoma, NY real estate investing. Uncover the wealth of information available, and position yourself for success in the Ronkonkoma property market.

• Location Overview

  • Zip Code: 11779
  • City: Ronkonkoma
  • State: NY
  • Metro Area: New York-Newark-Jersey City, NY-NJ-PA
  • County Name: SUFFOLK COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $489,039
  • Average Home Price (Single Family Homes): $491,088
  • Average Monthly Rental Price (All Types): $2,902
  • Price-to-Rent Ratio: 14
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.4%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $2,100
  • Average 3 Bedroom Section 8 Rental Rates: $2,700
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 19.41
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.09
  • Number of Units Offered in Section 8 in the County: 3189
  • Number of Occupied Units in Section 8 in the County: 3110
  • Percentage of Section 8 Units Occupied in the County: 97.5%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 243.91
  • Total % Appreciation since 2000 (Government Data): 163.37
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.03%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.73%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.95%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.56%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.8%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.24%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.13%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -4.57%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.01%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%