Housing in Thornwood, NY is quite expensive, with a median value of $739,000. This is significantly higher than the US House Median Value of $338,100. However, the 1 year house appreciation in Thornwood, NY is still in line with the national average at 7.98%, only slightly lower than the US rate of 8.27%. This suggests that housing prices are stable in this area and not likely to drop any time soon.
The median home cost in Thornwood is $739,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Thornwood is up 10.6%.
Average Age of Homes
- The median age of Thornwood real estate is 63 years old
The Rental Market in Thornwood
- Renters make up 30.5% of the Thornwood population
- 1.7% of houses and apartments in Thornwood, 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.