The housing market in 10307 New York, NY is quite strong compared to the US median value. According to the given information, the median value of a house in 10307 is $765,200 which is substantially higher than the US median value of $338,100. Furthermore, while the 1 year appreciation of houses in the US is 8.27%, in 10307 it stands at 4.86%, showing a relatively stable market and that demand for housing in this area remains high.
The median home cost in New York (zip 10307) is $765,200. Home appreciation the last 10 years has been 69.7%. Home Appreciation in New York (zip 10307) is up 11.1%.
Average Age of Homes
- The median age of New York (zip 10307) real estate is 28 years old
The Rental Market in New York (zip 10307)
- Renters make up 17.6% of the New York (zip 10307) population
- 0.9% of houses and apartments in New York (zip 10307), 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.