The housing market in 10309 New York, NY is incredibly expensive compared to the US median value of $338,100. The median value of homes here is $697,300, nearly twice as much as the average American home. Despite this high median price, appreciation rates remain relatively low compared to other parts of the US. In the last year, the appreciation rate was only 4.86%, well below the national average of 8.27%. This trend may speak to a cooling off in the real estate market in this area in recent months.
The median home cost in New York (zip 10309) is $697,300. Home appreciation the last 10 years has been 69.7%. Home Appreciation in New York (zip 10309) is up 11.1%.
Average Age of Homes
- The median age of New York (zip 10309) real estate is 27 years old
The Rental Market in New York (zip 10309)
- Renters make up 21.1% of the New York (zip 10309) population
- 0.2% of houses and apartments in New York (zip 10309), 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.