New York County, NY Housing

The housing market in New York (Manhattan), NY County is a very expensive and desirable place to buy or rent. The median value of a home in the county is $1,187,100, much higher than the national median value of $338,100. Over the past year, homes have appreciated by 8.24%, slightly lower than the national average of 8.27%. Despite this slight difference in appreciation rates, New York (Manhattan), NY is still an attractive option for people looking to invest in real estate due to its high median values and desirable location.

The median home cost in New York County is $1,187,100. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York County is up 10.8%.

Average Age of Homes

- The median age of New York County real estate is 67 years old

The Rental Market in New York County

- Renters make up 67.2% of the New York County population
- 3.7% of houses and apartments in New York County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New York, New York	United States
	907,018.0	139,647,020.0
	70	42
	$1,187,100	$338,100
	10.8%	16.6%
	36.0%	57.0%
	62.6%	101.1%
	$8.55	$10.98
	$10,001	$2,690
	20.9%	57.4%
	15.4%	11.2%
	63.7%	31.4%
Vacant Housing
	3.7%	1.9%
	1.6%	0.4%
	0.8%	0.7%
	0.8%	0.4%
	5.4%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.0%	2.4%
	0.6%	2.8%
	0.6%	3.9%
	0.3%	4.5%
	1.5%	11.3%
	0.7%	13.0%
	2.4%	20.1%
	4.0%	13.6%
	4.8%	8.3%
	17.3%	9.7%
	15.0%	3.9%
	15.6%	2.2%
	8.8%	0.8%
	25.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	3.7%	13.6%
	6.4%	13.2%
	7.7%	14.8%
	3.7%	13.6%
	9.3%	10.0%
	6.6%	4.7%
	42.8%	12.2%

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