Wantagh, NY 11793 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

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 primary market indicator, the median sold price of $767,000, shows where recent transactions are anchoring neighborhood value and suggests realized pricing remains near six-figure levels rather than reflecting only asking prices. use sold prices as the primary signal
2. There is a meaningful spread between the median listing price of $779,990 and the median sold price of $767,000, which may indicate pricing friction between seller expectations and executed transactions; combined with a median days on market of 360, this suggests slower sales velocity even as price realization remains relatively firm. pricing gap and slower velocity
3. Market context signals are supportive of continued price strength: the market temperature is hot and the price year-over-year trend is up, indicating ongoing demand pressure despite other headwinds. hot market
4. Interest rate conditions are a caution: interest rate pressure is elevated and current 30-year fixed mortgage rates are averaging approximately 6.6%, higher than sub-6% levels earlier in 2026, which suggests many owners likely hold more favorable rates than buyers can access today. elevated interest rate pressure
5. A key data gap: rent year-over-year trend is null, so rental trend direction is unavailable for correlating sales and rental market dynamics—this absence may limit conclusions about investor-driven demand or short-term rental pressure in the SFR and condominium segments. rental trend data unavailable

Notable Properties

The following 6 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.