menu
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.



North Babylon, 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 Q4 2023. 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

North Babylon, NY Housing Market Trends

With 17,927 people, 5,799 houses or apartments, and a median cost of homes of $589,305, real estate costs in North Babylon 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 North Babylon, accounting for 78.43% of the town's housing units. Other types of housing that are prevalent in North Babylon include large apartment complexes or high rise apartments ( 9.95%), duplexes, homes converted to apartments or other small apartment buildings ( 6.73%), and a few row houses and other attached homes ( 4.58%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in North Babylon. Owner-occupied housing accounts for 84.14% of North Babylon's homes, and 63.09% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. North Babylon's housing was primarily built during this period, from the '40s through the '60s. A full 74.41% of the town's housing hails from this era. Other housing ages represented in North Babylon include homes built between 1970-1999 ( 18.45%) and housing constructed before 1939 ( 3.79%). There's also some housing in North Babylon built between 2000 and later ( 3.35%).

North Babylon Home Appreciation Rates

Appreciation rates for homes in North Babylon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 82.69%, which ranks in the top 50% nationwide. This equates to an annual average North Babylon house appreciation rate of 6.21%.

NeighborhoodScout's data show that during the latest twelve months, North Babylon's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, North Babylon's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.

Relative to New York, our data show that North Babylon's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.

Average Home Values

Median Home Value

$589,305

North Babylon, NY Home Prices
> $1,323,000
$992,001 - $1,323,000
$661,001 - $992,000
$529,001 - $661,000
$397,001 - $529,000
$265,001 - $397,000
$132,001 - $265,000
$66,001 - $132,000
$0 - $66,000
1.4%
1.4%
0.6%
0.6%
24.4%
24.4%
45.2%
45.2%
19.6%
19.6%
4.3%
4.3%
2.1%
2.1%
0.4%
0.4%
2.1%
2.1%
0% 100.0%
% of Homes
High

for New york

Very High

for nation

Number of Homes And Apartments:

5,799

North Babylon Appreciation Rates

Rent & Ownership

Average Market Rent:

$4,604 / per month

Homeownership Rate

Owners
Renters
84.1%
84.1%
15.9%
15.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.8%
4.8%
95.2%
95.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.3%
3.3%
18.4%
18.4%
74.4%
74.4%
3.8%
3.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
78.4%
78.4%
4.6%
4.6%
6.7%
6.7%
9.9%
9.9%
0.3%
0.3%
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
0.5%
0.5%
12.9%
12.9%
15.5%
15.5%
37.2%
37.2%
25.9%
25.9%
7.9%
7.9%
0% 100.0%
% of Homes