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These days, finding an affordable place to live in the Speonk area can be challenging. Home prices in Speonk are now at a median cost of $1,098,937, higher than the New York average of $610,895.
The average cost of rent is $2,086/mo in Speonk, primarily driven by the current value of real estate in the Speonk area. In Speonk, 14.72% of households rent, and 38.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Speonk is $14,649 per month. Households that rent pay about 14.24% of their income on rent here. Speonk’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Quogue, NY: higher priced homes
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Cities with Similar Populations
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- Pactolus, KY: less expensive homes
- Overgaard, AZ: less expensive homes
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