11942, East Quogue, NY

East Quogue, NY is located in Suffolk County on Long Island. The zip code 11942 has a population of about 10,000 and an average household income of around $200,000. Home prices in the 11942 zip code have increased significantly over the past few years and are now among the highest in Suffolk County.

The 11942 zip code has seen a significant increase in home equity since 2012. At that time, the median home value was $225,000 and had increased to $269,900 by 2016. Over the past three years alone, home values have grown by an average of 16%. This rapid growth has led to significant increases in home prices throughout East Quogue. In fact, according to Zillow’s recent report on ZIP codes across America with high home values, the 11942 zip code ranks as number one on Long Island with a median home value of over $1 million.

While there are some areas of East Quogue that have seen slower growth in home values (due to stricter lending standards), overall prices have continued to rise due to strong demand from buyers and limited supply. As a result, homeownership rates in East Quogue are among the highest in Suffolk County – at almost 94%. This high level of homeownership is likely due to the fact that most residents here can afford to purchase a house outright or have enough equity built up in their homes to cover any potential repairs or upgrades they may need down the road.

Overall, East Quogue is experiencing strong growth both economically and housing-wise – which is likely contributing factors towards its high ranking on Zillow’s list of ZIP codes with high home values nationwide. If you're looking for a location that's experiencing healthy housing market growth – look no further than East Quogue!