Ronkonkoma, NY

Population: 19,082
Average annual home appreciation rate: 7.70%
Total of homes for sale in this market: 103
Median home price: $339,275
Median Rent: $1,466 per room
Home price range: 45.33% of homes are between $283,001 – $378,000
Median sales price: $297,500
Number of homes: 374
Median foreclosure sales price: $233,000
Foreclosure discount: 22%
Most common home type: 76.90% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 3.65%
Number of renters: 20.64%
Number of owner occupied: 79.36%
Number people living below poverty level: 4.54%
Unemployment rate: 4.80%
Is this area perfect for real estate deals going on right now? With the cost of the homes, the rental rates, and the overall history of appreciation in the Islandia/Ronkonkoma area, the buy and hold investor could get a great return on investment.

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