Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 8,059, 3,119 total housing units (homes and apartments), and a median house value of $915,857, Port Jefferson house prices are not only among the most expensive in New York, Port Jefferson real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Port Jefferson, accounting for 64.03% of the village's housing units. Other types of housing that are prevalent in Port Jefferson include large apartment complexes or high rise apartments ( 17.18%), row houses and other attached homes ( 10.35%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Port Jefferson. Owner-occupied housing accounts for 67.92% of Port Jefferson's homes, and 53.04% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Port Jefferson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Port Jefferson built between 1940-1969 ( 31.42%). A lesser amount of the housing stock also hails from before 1939 ( 19.13%). There's also some housing in Port Jefferson built between 2000 and later ( 11.26%).
Port Jefferson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Port Jefferson during the period has been just 4.62%, which is lower than 80% of US communities.
Appreciation rates are so strong in Port Jefferson that despite a nationwide downturn in the housing market, Port Jefferson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Port Jefferson appreciation rates continue to be some of the highest in America, at 8.61%, which is higher than appreciation rates in 77.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Port Jefferson. Port Jefferson appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.
Relative to New York, our data show that Port Jefferson's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.
$915,857
for New york
for nation
3,119
$3,993 / per month