Garden City, NY is a desirable area for many due to its high housing median value of $986,000. This is well above the US median value of $338,100 and it has seen an 8.72% appreciation rate over the last year. These numbers demonstrate that Garden City is an attractive place to own property and expect growth in the value of housing over time. The area is popular for families who want to live close to New York City without sacrificing quality of life and amenities.
The median home cost in Garden City is $986,000. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Garden City is up 12.8%.
Average Age of Homes
- The median age of Garden City real estate is 69 years old
The Rental Market in Garden City
- Renters make up 4.7% of the Garden City population
- 0.0% of houses and apartments in Garden City, 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.