The housing market in 11693 New York, NY is doing quite well. The median value of a house in the area is $394,100 which is significantly higher than the US median value of $338,100. Additionally, house appreciation for this area has been 8.22% over the past year which is only slightly lower than the US appreciation rate of 8.27%. This shows that real estate in 11693 New York, NY remains in high demand and that the market will likely continue to appreciate in value for many years to come.
The median home cost in New York (zip 11693) is $394,100. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11693) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11693) real estate is 55 years old
The Rental Market in New York (zip 11693)
- Renters make up 48.8% of the New York (zip 11693) population
- 1.5% of houses and apartments in New York (zip 11693), 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.