11575

Balanced market

$655,000median sale price

The 11575 zip code, located in Old Bethpage, NY, is currently classified as a balanced market. The median sale price stands at $655,000. Homes in this area spend an average of 48 days on the market before going under contract. There are currently 17 active listings in the area, which influences how much negotiating power buyers and sellers have.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 11575 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

23

Last 12 weeks

Days on market

48

Average pace

Active listings

17

Sale-to-list

102.5%

Above asking

Market trends

Market analysis for 11575

The 11575 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 102.5% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 11575 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

The Zillow Home Value Index (ZHVI) for 11575 stands at $630,749, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Community profile

Population

18,705

Median income

$126,146/yr

Median age

36.3 years

Owner-occupied

7662.0%

College grads

2917.0%

Avg commute

71.53 min

Living in 11575

Zip code 11575 is home to approximately 18,705 residents. The median household income is $126,146 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7662.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 2917.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 71.53 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 11575.

Frequently asked questions about 11575

What is the median home price in 11575?

The current median sale price in 11575 is $655,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 11575 a buyer's or seller's market?

The 11575 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 11575?

Zip code 11575 has a population of approximately 18,705 residents. The median household income is $126,146 per year. About 7662.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 11575?

Properties Incorporated provides comprehensive data for 11575 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 11575 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.

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