The Real Deal New York

Mineola is one of the healthiest housing markets in the state

April 30, 2018 02:15PM

Mineola ranked among the ten best housing markets in New York, according to a study by SmartAsset. The firm evaluated 160 communities across the state, based on the years owners spend in their homes, their value, ease of sale and cost of ownership. The study found that in Mineola, people stay in their homes for about 18 years and only 2.8 percent of owners have negative equity. Only about three percent of homes in the town lost value. No other Long Island markets broke the top 10. Number one on the list was Depew, New York, 10 miles east of Buffalo, Newsday reported. [Newsday]