11954, Montauk, NY

The 11954 zip code of Montauk, NY is located on the eastern end of Long Island and includes a mix of suburban and rural areas. The median home value in this zip code was $1,898,000 as of September 2017. This is a significantly higher home value than the statewide median home value of $177,500. The 11954 zip code also has a significantly higher home equity value than the statewide median home equity value of $144,700.

There are several factors that may contribute to the high home values in the 11954 zip code. These include its location on Long Island and its proximity to Manhattan which may lead to increased demand for property in this area. Additionally, the area has been popular among wealthy individuals who may be able to afford larger homes or invest in property which has appreciated in value over time. Finally, there is evidence that the market for residential property in Montauk is particularly stable and resilient compared to other parts of Long Island which may also contribute to high home values here.