The real estate in Searingtown is equally as excellent as the school system. Almost all of the 1,609 houses are owner-occupied. There are only 38 housing units that are rented out in this community.
The homes in Searingtown are built largely in the late 1950’s or early 1960’s. The median value of all homes in this area is $461,900, which is over three-times higher than the national average. With this larger price tag comes larger homes. The average number of rooms of the real estate in Searingtown is just over eight, while the national average is just under 6.5 percent.
The housing market in Searingtown is strong. Of the homes that are currently for sale, the median list price is $870,000, while the median sale price is $399,000. Compared to last year, the housing market has decreased just over one percent. There were 11 homes sold in September, 2011. Of these homes, the median price was over $700,000.
The real estate that is currently for sale in the Searingtown community ranges in asking price from as little as $500,000 to as much as 2.9 million. Homes are generally four or more bedrooms, with two or more bathrooms. There are less than 50 rental units in the city.
Whether you are considering a move into Searingtown because of the real estate or the school system, you are sure to be pleased with both. The homes are time-tested and most of the residents have discovered Searingtown is a wonderful place to live, and have lived in the community for decades.