11789, Sound Beach, NY

Sound Beach, NY is located in Suffolk County on Long Island. The zip code 11789 has a population of approximately 10,000 and an average household income of $125,000. Home prices in the Sound Beach area have increased significantly over the past few years, reaching an all-time high of $1.2 million in 2017.

The primary drivers of home equity and home prices in Sound Beach are strong demand from local buyers and limited supply. Local buyers are attracted to Sound Beach's excellent schools, low crime rate, and moderate cost of living. In addition, there is a limited number of homes available for sale due to stringent zoning regulations that protect the character of the community. As a result, home prices have steadily increased over the past few years despite modest economic growth nationwide.

Despite these positive trends, there are some risks associated with buying a home in Sound Beach. The area has seen strong growth over the past few years and may experience some inflationary pressure as more homes become available for sale. Additionally, interest rates may rise over time which could make buying a home more expensive than anticipated. Despite these risks, sound beach homeowners appear to be enjoying strong equity values and healthy home prices