Cedarhurst, NY has a very high housing median value of $936,900, which is significantly higher than the US House Median Value of $338,100. This large difference can be attributed to the higher 1 year house appreciation rate in Cedarhurst - 8.72%, compared to the US 1 year House Appreciation rate of 8.27%. In general, Cedarhurst offers a much more expensive housing market compared to other parts of the US and as such potential homebuyers should be aware of this when considering real estate investments in the area.
The median home cost in Cedarhurst is $936,900. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Cedarhurst is up 12.8%.
Average Age of Homes
- The median age of Cedarhurst real estate is 72 years old
The Rental Market in Cedarhurst
- Renters make up 37.8% of the Cedarhurst population
- 0.0% of houses and apartments in Cedarhurst, 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.