11501 Home Values & Market Trends
There are 17 homes currently listed for 11501. 11501 real estate market trends show that home prices range from $599,000 to $1,499,000, and the median sales price in the 11501 zip code is $708,146. The total number of properties sold within the past twelve months is 162. In 11501, 40 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.
11501 Real Estate Market Overview
City | Median Est. Value |
---|---|
Mineola | $ 779,550 $ 497/sqft |
Housing Market Summary for 11501
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $748K | $682.9K | -8.70% |
Median Sold Price | $690K | $682.9K | -1.03% |
Homes For Sale | 11 | 16 | 45.45% |
Homes Sold | 109 | 123 | 12.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 11501
Browse Homes in 11501
The median list price of a home in Mineola, is $708,146. A total of 17 properties are for sale, and the percentage of properties for sale in the zip code is 17.00%. The total count of 11501 properties is 4,788.
- Pre-ForeclosurePre-foreclosure homes account for 0.75% of all residential properties in 11501 with mineola containing 36 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 11501; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,319,000 in mineola to the lowest home value of $608,492 in mineola.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 11501 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 11501. There is 1 cities within 11501; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmineola has 4 auction properties, the highest number of properties going to auction in a single city in the state of 11501. Auction homes and other auction properties account for 0.08% of all properties in 11501. There is 1 cities within 11501; of that cities, the median estimated home value for homes going to auction ranges from $752,026 in mineola to the lowest value of $519,000 in mineola.
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Guide for 11501
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.
An increase is house prices but a slowdown of homes sold in September
With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks