Plainview, NY

Population: 26,217
Average annual home appreciation rate: 2.29%
Total of homes for sale in this market: 316
Median home price: $510,268
Median Rent: $1,565 per room
Home price range: 41.99% of homes are between $513,001 – $769,000
Median sales price: $498,000
Number of homes: 310
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 88.46% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 1.59%
Number of renters: 7.49%
Number of owner occupied: 92.51%
Number people living below poverty level: 2.57%
Unemployment rate: 4.30%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Plainview area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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