Suffolk County Home Prices & Values

$352,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.2% 1-year change
  • 2.9% 1-year forecast

The median home value in Suffolk County is $352,700. Suffolk County home values have gone up 5.2% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Suffolk County is $368, which is higher than the New York Metro average of $264. The median price of homes currently listed in Suffolk County is $429,000 while the median price of homes that sold is $351,975.

Foreclosures will be a factor impacting home values in the next several years. In Suffolk County 1.1 homes are foreclosed (per 10,000). This is the same as the New York Metro value of 1.1 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Suffolk County is 24.0%, which is higher than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Suffolk County homeowners underwater on their mortgage is 18.2%, which is higher than New York Metro at 15.7%.

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Relative ZHVI
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Suffolk County Market Overview

Data through Jun 30, 2014
  • $352,700 ZHVI
  • 2.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $429,000 Median listing price
  • $351,975 Median sale price
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Suffolk County Market Health

Data through Jun 30, 2014
  • 6.6/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • 226 Average of days on Zillow (May 31, 2014)
  • 18.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 24.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

1.1 homes Suffolk County
1.1 homes New York Metro
4.3 homes United States
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Cities in Suffolk County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Wading River $394,000 Shoreham $391,100 Manorville $351,300
Moriches $257,600 Middle Island $224,600 Yaphank $223,400
Ridge $214,400 Shirley $200,200 Mastic $175,300

Listings & Sales

Data through Jun 30, 2014
  • $368 Median list price / sq ft
  • $291 Median sale price / sq ft
  • 28.2% Listings with price cut
19.3%
Sold below listing
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Suffolk County Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,411 Suffolk County
$2,300 New York Metro
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $13.89 Rent list price / sq ft
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