11978 — Suffolk County, New York Market Snapshot

Housing market data for zip code 11978 in Suffolk County, New York. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

19 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$2,570,000

206.9% YoYClosed sales

Days to Sell

155

Median, listing to close

Homes Sold

19

Closed in 2026

Inventory

42

Sale-to-List

96.6%

New Listings

29

Price/SqFt

$887

Pending Sales

14

Jumbo Loan Likely Needed

The median home in 11978 at $2,570,000 exceeds the 2026 conforming loan limit of $1,209,750 by $1,360,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

With homes sitting for 155 days on average, 11978 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 11978 sells for 3.4% below asking price (96.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 11978 at $2,570,000 exceeds the 2026 conforming loan limit of $1,209,750 by $1,360,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 11978 are set at the county level.

2026 Loan Limits — Suffolk County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$1,249,125
2 Units$1,548,975$1,599,375
3 Units$1,872,225$1,933,200
4 Units$2,326,875$2,402,625

Affordability Snapshot — Zip 11978

To purchase the median home at $2,570,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $19,841.

Monthly Payment

$19,841

Income Required

$850,308

Principal & Interest

$15,836/mo

Down Payment (5%)

$128,500

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 11978.

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Estimated Monthly Payment

$16,055

Principal & Interest$13,335
Property Tax$2,570
Insurance$150
Loan Amount$2,056,000
Total Interest$2,744,665
Income Required$688,079/yr

Jumbo loan required. Loan amount exceeds the $1,209,750 conforming limit for 11978.

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