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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Ronkonkoma, NY Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Ronkonkoma, NY Housing Market Trends

With a population of 18,955, 6,190 total housing units (homes and apartments), and a median house value of $608,798, real estate costs in Ronkonkoma are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Ronkonkoma, accounting for 77.79% of the town's housing units. Other types of housing that are prevalent in Ronkonkoma include large apartment complexes or high rise apartments ( 13.26%), duplexes, homes converted to apartments or other small apartment buildings ( 8.59%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ronkonkoma. Owner-occupied housing accounts for 78.63% of Ronkonkoma's homes, and 59.65% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Ronkonkoma 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 Ronkonkoma built between 1940-1969 ( 38.58%). A lesser amount of the housing stock also hails from before 1939 ( 9.48%). There's also some housing in Ronkonkoma built between 2000 and later ( 3.68%).

Ronkonkoma Home Appreciation Rates

Appreciation rates for homes in Ronkonkoma have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 90.11%, which ranks in the top 50% nationwide. This equates to an annual average Ronkonkoma house appreciation rate of 6.63%.

Appreciation rates are so strong in Ronkonkoma that despite a nationwide downturn in the housing market, Ronkonkoma real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ronkonkoma appreciation rates continue to be some of the highest in America, at 9.43%, which is higher than appreciation rates in 83.82% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ronkonkoma. Ronkonkoma 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 Ronkonkoma's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Ronkonkoma differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ronkonkoma - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Ronkonkoma real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$608,798

Ronkonkoma, NY Home Prices
> $1,371,000
$1,028,001 - $1,371,000
$686,001 - $1,028,000
$548,001 - $686,000
$412,001 - $548,000
$274,001 - $412,000
$137,001 - $274,000
$69,001 - $137,000
$0 - $69,000
0.3%
0.3%
1.3%
1.3%
22.1%
22.1%
41.8%
41.8%
23.0%
23.0%
9.7%
9.7%
0.6%
0.6%
0.4%
0.4%
0.8%
0.8%
0% 100.0%
% of Homes
High

for New york

Very High

for nation

Number of Homes And Apartments:

6,190

Ronkonkoma Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,351 / per month

Homeownership Rate

Owners
Renters
78.6%
78.6%
21.4%
21.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.5%
5.5%
94.5%
94.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.7%
3.7%
48.3%
48.3%
38.6%
38.6%
9.5%
9.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
77.8%
77.8%
0.4%
0.4%
8.6%
8.6%
13.3%
13.3%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.0%
1.0%
13.9%
13.9%
19.6%
19.6%
34.4%
34.4%
25.2%
25.2%
5.9%
5.9%
0% 100.0%
% of Homes