Wantagh, NY 11793 Real Estate Market Report
ZIP Code: 11793
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only
Executive Overview
As of April 2026, the real estate market in Wantagh, NY is characterized by a median sold price of $769,450, reflecting a robust demand and significant price appreciation in the area. The neighborhood has seen prices trend up year-over-year, indicating a strong market momentum. The median listing price stands at $845,000, suggesting a notable gap between seller expectations and actual transaction values, which may indicate pricing friction in the market.
Despite the elevated interest rates, which are currently under moderate pressure, the market temperature remains hot. However, the median days on market is 288, indicating a slower sales velocity and potential liquidity challenges. Elevated inventory levels relative to sales activity suggest that while demand is strong, the excess supply may be impacting the pace of transactions.
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
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.
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
Understanding Market Temperature
A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.
Key Findings
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The median sold price of $769,450 reflects strong market demand and significant price appreciation in Wantagh.
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With a median listing price of $845,000, there is a notable gap between seller expectations and actual market transactions, indicating potential pricing friction.
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The market is experiencing a hot temperature, despite elevated interest rate pressure being classified as moderate.
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The median days on market of 288 suggests a slower sales velocity, which may indicate liquidity challenges for sellers.
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The median market rent of $3,350 indicates a strong rental market, contributing to overall demand in the area.
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.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold below market average
Sold below market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Below-market acquisition. Investor purchase with value-add potential through renovation.
Sold below market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 4/3/2026
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