Housing Insights for ZIP Code 11720 (Centereach, NY)

Housing Summary for ZIP Code 11720

Homeowners

The median home value in ZIP Code 11720 (Centereach, NY) is $347,800. Approximately 83.8% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.4%.

The average occupancy of owner-occupied units in ZIP Code 11720 is 3.25 occupants, while owner-occupied units have an aggregate average size of 3.26 bedrooms per housing unit.

Renters

In the 11720 ZIP Code, an estimated 16.2% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 3.1%.

Among renter-occupied units in this ZIP, the average occupancy is 2.82 occupants, while renters in this Suffolk County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 11720

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 11720.

ZIP 11720 New York U.S.
Median Home Value $347,800 $487,737 $356,002
Owner-Occupied Housing Units 83.8% 53.9% 64.0%
Homeowner Vacancy Rate 0.4% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.25 2.74 2.70
Average # of Bedrooms Per Unit 3.26 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 16.2% 46.1% 36.0%
Rental Vacancy Rate 3.1% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.82 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 11720 (Centereach, NY)

The median home value in ZIP Code 11720 is $347,800. That median value is about 11% higher than the median home value of $313,700 in New York overall, and is 60% higher than the $217,500 the median home value in the entire U.S. An estimated 65.7% of homes in ZIP Code 11720 are valued $300,000 to $499,999. That is 187% higher than in the state of New York, in which 22.9% of homes are valued at $300,000 to $499,999, and is about 240% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 11720 homes fall into is $50,000 to $99,999 (0.0% of homes).

Home Values in ZIP Code 11720

This chart visualizes the breakdown of home values in ZIP Code 11720, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 11720 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 11720

See the table below for a regional comparison of home values in ZIP Code 11720.

Home Value ZIP 11720 New York U.S.
Less than $50,000 0.8% 4.4% 6.9%
$50,000 to $99,999 0.0% 9.9% 12.0%
$100,000 to $149,999 0.4% 10.8% 13.3%
$150,000 to $199,999 1.7% 9.6% 14.0%
$200,000 to $299,999 24.0% 13.6% 19.6%
$300,000 to $499,999 65.7% 22.9% 19.3%
$500,000 to $999,999 7.0% 21.2% 11.4%
$1,000,000 or more 0.4% 7.7% 3.4%

Home Ages in ZIP Code 11720 (Centereach, NY)

Approximately 28.5% of homes in this Centereach, NY region were built in 1960 to 1969. This amount of homes built in 1960 to 1969 in ZIP Code 11720 is about 128% higher than percentage of homes built in this time period in New York overall (12.5% of homes), and is 169% higher the percentage (10.6% of homes) in the U.S. as a whole. Additionally, an esimated 24.1% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.2% of homes in this Suffolk County ZIP Code were built in 2010 to 2013 in ZIP Code 11720. In comparison, 1.6% of homes in New York overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 11720

A detailed regional comparison of home ages in ZIP Code 11720.

Year Built ZIP 11720 New York U.S.
2014 or later 0.3% 1.1% 2.5%
2010 to 2013 0.2% 1.6% 2.7%
2000 to 2009 9.2% 6.3% 14.0%
1990 to 1999 5.1% 6.2% 13.9%
1980 to 1989 5.2% 7.5% 13.4%
1970 to 1979 24.1% 9.9% 15.2%
1960 to 1969 28.5% 12.5% 10.6%
1950 to 1959 21.5% 14.7% 10.3%
1940 to 1949 3.2% 8.1% 4.9%
1939 or earlier 2.8% 32.1% 12.6%

Age of Homes in ZIP Code 11720

See the chart below for details on the age of homes in ZIP Code 11720, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 11720

Frequently asked questions about housing in this Centereach, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 11720.

1

What is the average home value ZIP Code 11720?

The median home value in ZIP Code 11720 (Centereach, NY) is $347,800.
2

Are homes expensive in ZIP Code 11720?

The median home value in 11720 ($347,800) is an estimated 11% higher than the aggregate median value of $313,700 in New York, and is 60% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 11720?

The vacacy rate for owner-occupied housing in ZIP Code 11720 is 0.4%. This rate is 76% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 11720 vacancy rate is 75% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 11720 have older homes or newer construction?

In ZIP Code 11720, about 28.5% of homes were built in 1960 to 1969. That time range includes the most home construction. Also, 24.1% of homes in the region were built in 1970 to 1979. In contrast, 0.2% of homes in 11720 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 11720? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 11720 than renter-occupied housing. Owner-occupied units make up 83.8% of housing, compared to 16.2% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 11720?

The vacacy rate for rental units in ZIP Code 11720 is 3.1%. This rate is 26% lower than the overall New York vacancy rate of 4.2%. Additionally, the 11720 vacancy rate is 48% lower than the entire U.S. vacancy rate of 6.0%.