East Setauket, 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 Q3 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

East Setauket, NY Housing Market Trends

With a population of 45,925, 1,339 total housing units (homes and apartments), and a median house value of $606,393, East Setauket house prices are not only among the most expensive in New York, East Setauket real estate also is some of the most expensive in all of America.

East Setauket is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in East Setauket than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Setauket. Owner-occupied housing accounts for 91.17% of East Setauket's homes, and 71.22% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in East Setauket 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 East Setauket built between 1940-1969 ( 39.29%). A lesser amount of the housing stock also hails from before 1939 ( 8.66%). There's also some housing in East Setauket built between 2000 and later ( 5.98%).

Vacant housing appears to be an issue in East Setauket. Fully 10.57% of the housing stock is classified as vacant. Left unchecked, vacant East Setauket homes and apartments can be a drag on the real estate market, holding East Setauket real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

East Setauket Home Appreciation Rates

East Setauket's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in East Setauket during the period has been just 2.54%, which is lower than 80% of US communities.

Over the last year, East Setauket appreciation rates have trailed the rest of the nation. In the last twelve months, East Setauket's appreciation rate has been 12.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Setauket were at 3.60%, which equates to an annual appreciation rate of 15.19%.

Notably, East Setauket's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that East Setauket's latest annual appreciation rate is lower than 60% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$606,393

East Setauket, NY HOME PRICES

> $1,219,000
7.8%
7.8%
$914,001 - $1,219,000
9.5%
9.5%
$609,001 - $914,000
33.2%
33.2%
$488,001 - $609,000
25.4%
25.4%
$366,001 - $488,000
16.3%
16.3%
$244,001 - $366,000
2.0%
2.0%
$122,001 - $244,000
3.6%
3.6%
$61,001 - $122,000
1.8%
1.8%
$0 - $61,000
0.2%
0.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for NY

Value Relative To Nation

Number Of Homes And Apartments:
1,339

East Setauket Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2021 Q2 - 2021 Q3
Last 12 Months:
2020 Q3 - 2021 Q3
Last 2 Years:
2019 Q3 - 2021 Q3
Last 5 Years:
2016 Q3 - 2021 Q3
Last 10 Years:
2011 Q3 - 2021 Q3
Since 2000:
2000 Q1 - 2021 Q3
81.75% 2.79%
2
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,707 / per month

Homeownership Rate

Owners
91.2%
91.2%
Renters
8.8%
8.8%
Vacant
10.6%
10.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
6.0%
6.0%
1970 - 1999
46.1%
46.1%
1940 - 1969
39.3%
39.3%
1939 or Older
8.7%
8.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
83.0%
83.0%
Townhomes
7.3%
7.3%
Small Apt. Buildings
2.2%
2.2%
Apt. Complexes
7.5%
7.5%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
6.5%
6.5%
2 Bedrooms
8.9%
8.9%
3 Bedrooms
32.3%
32.3%
4 Bedrooms
38.9%
38.9%
5 or more bedrooms
12.2%
12.2%
0.0% 100.0%
% OF HOMES