Armonk, NY has a median housing value of $1,012,000. This is significantly higher than the US median house value of $338,100. In the past year, house values in Armonk have appreciated by 7.98%, which is slightly lower than the US 1 year appreciation rate of 8.27%. Clearly, Armonk is a desirable place to live for potential homeowners and many are willing to pay for the premium cost of living in this area.
The median home cost in Armonk is $1,012,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Armonk is up 10.6%.
Average Age of Homes
- The median age of Armonk real estate is 38 years old
The Rental Market in Armonk
- Renters make up 10.4% of the Armonk population
- 1.5% of houses and apartments in Armonk, 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.