The housing market in 10550 Mount Vernon, NY is a very desirable area to live. The median house value is $466,800 which is significantly higher than the US average of $338,100. Additionally, the 1 year house appreciation rate for the area is 7.98%, slightly lower than the US average of 8.27%. This indicates that prices are increasing but not at an excessive rate. For potential home buyers living in or around 10550 Mount Vernon, NY this could be an ideal time to invest in their future and secure a home in a desirable place to live.
The median home cost in Mount Vernon (zip 10550) is $466,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Mount Vernon (zip 10550) is up 10.6%.
Average Age of Homes
- The median age of Mount Vernon (zip 10550) real estate is 76 years old
The Rental Market in Mount Vernon (zip 10550)
- Renters make up 65.9% of the Mount Vernon (zip 10550) population
- 1.4% of houses and apartments in Mount Vernon (zip 10550), 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.