The housing market in 11101 New York, NY is very competitive. The median value of houses in this area is $931,700, which is significantly higher than the US median value of $338,100. In the past year, house values have appreciated an impressive 8.22%, slightly lower than the national average of 8.27%. This shows that even though housing prices are high in this area, home buyers can still expect to see a return on their investment.
The median home cost in New York (zip 11101) is $931,700. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11101) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11101) real estate is 71 years old
The Rental Market in New York (zip 11101)
- Renters make up 77.1% of the New York (zip 11101) population
- 2.6% of houses and apartments in New York (zip 11101), 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.