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 14,199 people, 5,189 houses or apartments, and a median cost of homes of $463,880, Mastic Beach real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Mastic Beach, accounting for 93.45% of the town's housing units. Other types of housing that are prevalent in Mastic Beach include duplexes, homes converted to apartments or other small apartment buildings ( 2.96%), row houses and other attached homes ( 2.38%), and a few large apartment complexes or high rise apartments ( 1.21%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mastic Beach. Owner-occupied housing accounts for 80.74% of Mastic Beach's homes, and 69.93% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Mastic Beach 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 Mastic Beach built between 1940-1969 ( 38.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.59%). There's also some housing in Mastic Beach built before 1939 ( 6.99%).
In the last 10 years, Mastic Beach has experienced some of the highest home appreciation rates of any community in the nation. Mastic Beach real estate appreciated 153.56% over the last ten years, which is an average annual home appreciation rate of 9.75%, putting Mastic Beach in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Mastic Beach definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Mastic Beach that despite a nationwide downturn in the housing market, Mastic Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mastic Beach appreciation rates continue to be some of the highest in America, at 9.82%, which is higher than appreciation rates in 86.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mastic Beach. Mastic Beach 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 Mastic Beach's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.
$463,880
for New york
for nation
5,189
$4,117 / per month