Port Jefferson Station, NY

Real estate in Port Jefferson Station, NY is a hot commodity. The town has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.

The median sale price for homes in the town was $1.2 million in 2017, according to Zillow. This is a significant increase from the $811,000 median sale price recorded in 2009. The average rent for apartments in Port Jefferson Station was $2,100 per month as of September 2018, according to Apartment List. This is also a significant increase from the $1,650 monthly rent recorded just five years ago.

There are many reasons why real estate prices have increased so much in Port Jefferson Station over the past few years. First and foremost, the town has seen an influx of new residents and businesses that have driven up demand for housing and commercial space. Additionally, Port Jefferson Station is located within close proximity to both Long Island Sound and the Hamptons region of New York State – two highly desirable areas for people looking to live or work in luxury surroundings.

Despite these factors, there are still some areas of concern when it comes to real estate prices in Port Jefferson Station. For one thing, there is a limited supply of residential property available on the market – meaning that buyers who want to purchase a home will need to be prepared to spend a considerable amount of money on top of their initial purchase price. Additionally, while rents have increased significantly over the past few years, they remain relatively low when compared with other similarly-sized cities across America – meaning that potential tenants may not be able to afford long-term leases if they want to live in Port Jefferson Station permanently.