Remsenburg, NY 11960 Real Estate Market Report

ZIP Code: 11960
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Remsenburg, NY is characterized by a median sold price of $1,590,000, reflecting a cooling trend with a down price trajectory. This indicates a significant gap between the median listing price of $2,799,000 and the actual sold prices, suggesting that seller expectations may not align with current market realities. The neighborhood has experienced a down trend in prices year-over-year, contributing to a cold market temperature, which may indicate a shift in buyer sentiment and purchasing power.

Transaction activity has slowed, with median days on market reaching 378 days, suggesting slower sales velocity and potentially indicating a buyer's market. Elevated inventory levels are evident, with excess supply relative to sales activity, further contributing to the overall market dynamics. The median market rent stands at $3,245, which has also seen a down trend year-over-year, reflecting broader economic pressures, including elevated interest rate pressure, impacting both buyers and renters alike.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. The median sold price of $1,590,000 highlights a significant gap from the median listing price of $2,799,000, indicating potential pricing friction in the market.

2. Transaction velocity is slow, with median days on market at 378 days, suggesting a cold market and slower sales activity.

3. Elevated inventory levels indicate excess supply relative to sales activity, contributing to a buyer's market dynamic.

4. The median market rent has decreased to $3,245, reflecting a broader trend of declining rental prices year-over-year.

5. Overall market conditions are impacted by elevated interest rate pressure, which may be influencing buyer behavior and market liquidity.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.