Mamaroneck, NY is a sought after suburb in the New York City area with an attractive housing market. The current median value of houses in Mamaroneck is $1,070,300 which is more than three times higher than the national median house value of $338,100. House values have also appreciated significantly over the past year with an appreciation rate of 7.98%, slightly below the national rate of 8.27%. This suggests that Mamaroneck’s housing market is relatively stable which makes it a desirable location for those looking to invest in real estate.
The median home cost in Mamaroneck is $1,070,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Mamaroneck is up 10.6%.
Average Age of Homes
- The median age of Mamaroneck real estate is 73 years old
The Rental Market in Mamaroneck
- Renters make up 28.6% of the Mamaroneck population
- 0.4% of houses and apartments in Mamaroneck, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.