12844 ZIP Code Housing Market
$2.40Mmedian sale price
Quick answer: The median home sale price in ZIP code 12844 is $2.40M. Homes sell in an average of 91 days. The market is currently a balanced market.
12844 market data
| Metric | Value |
|---|---|
| Median sale price | $2.40M |
| Median list price | $1.99M |
| Average days on market | 91 days |
| Sale-to-list price ratio | 105.7% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The 12844 zip code, located in Old Bethpage, NY, is currently classified as a balanced market. The median sale price stands at $2.40M. Homes in this area spend an average of 91 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 12844 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
3
Last 12 weeks
Days on market
91
Average pace
Active listings
—
Sale-to-list
105.7%
Above asking
Market trends
Market analysis for 12844
The 12844 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 105.7% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 12844 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 12844 stands at $1.62M, 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
172
Median income
$133,750/yr
Median age
70.9 years
Owner-occupied
8588.0%
College grads
5705.0%
Living in 12844
Zip code 12844 is home to approximately 172 residents. The median household income is $133,750 per year, which shapes the types of homes and amenities available in the area. With a median age of 70.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8588.0% 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 5705.0% 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. 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 12844.
Frequently asked questions about 12844
What is the median home price in 12844?
The current median sale price in 12844 is $2.40M, 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 12844 a buyer's or seller's market?
The 12844 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 12844?
Zip code 12844 has a population of approximately 172 residents. The median household income is $133,750 per year. About 8588.0% 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 12844?
Properties Incorporated provides comprehensive data for 12844 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 12844 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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