Remsenburg, NY 11960 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market signal—median sold price—is 1,852,000, which reflects recent transaction values and suggests a lower realized market level than asking; listing pressure is visible since median listing price is 2,099,500, and this gap may indicate pricing friction between seller expectations and closed transactions.
2. Median days on market is 457, which points to slower sales velocity and extended marketing timelines; combined with elevated inventory relative to sales, this appears to pressure sellers to be more price-competitive and may lengthen negotiation cycles.
3. Median price per square foot is 690 and median market rent is 8,000; with rent year-over-year trend reported as down, rental income growth is softening and may reduce investor appetite for near-term buy-and-hold acquisitions.
4. Price year-over-year trend is reported as down while market temperature is described as neutral; interest rate pressure is moderate with local 30-year fixed rates averaging 6.53%, which is 0.55% higher than earlier in 2026 — this combination suggests buyers remain cautious and transaction volumes may stay muted absent rate relief.

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.