The housing market in 11201 New York, NY is quite competitive. According to information provided, the median value of a house in that area stands at $969,300, which is significantly higher than the US median house value of $338,100. Additionally, while the US house appreciation rate for the last year was 8.27%, the appreciation rate for houses in 11201 New York, NY was 5.12%. This shows that despite having a higher house value than average compared to the rest of the country, the appreciation rate is lower than other areas.
The median home cost in New York (zip 11201) is $969,300. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11201) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11201) real estate is 73 years old
The Rental Market in New York (zip 11201)
- Renters make up 55.4% of the New York (zip 11201) population
- 2.2% of houses and apartments in New York (zip 11201), 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.