The housing market in 11106 New York, NY is quite strong with a median value of $622,200. This is higher than the US median value of $338,100, and the 1 year house appreciation rate in this area is 8.22%, which is slightly lower than the US average of 8.27%. The area offers excellent investment opportunities for those looking to buy or sell property due to its strong housing market and reasonable prices.
The median home cost in New York (zip 11106) is $622,200. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11106) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11106) real estate is 68 years old
The Rental Market in New York (zip 11106)
- Renters make up 77.2% of the New York (zip 11106) population
- 3.2% of houses and apartments in New York (zip 11106), 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.