Inwood, NY is a borough of New York City with a housing market that is doing well. The median housing value in Inwood is currently $631,500, which is significantly higher than the US median house value of $338,100. This indicates that the housing market in Inwood is flourishing. Furthermore, the one-year appreciation rate of houses in Inwood is 8.09%, which closely matches the US rate of 8.27%. This suggests that the growth of the local housing market in Inwood mirrors that of the greater US economy and will likely continue to offer promising investment opportunities for its residents.
The median home cost in Inwood is $631,500. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Inwood is up 11.8%.
Average Age of Homes
- The median age of Inwood real estate is 70 years old
The Rental Market in Inwood
- Renters make up 47.3% of the Inwood population
- 2.9% of houses and apartments in Inwood, 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.