Zip 11208 (New York, NY) Housing

Housing in 11208 New York, NY is quite expensive compared to other areas across the US. The median value of a home in this area is $639,600, more than double the median value of the US as a whole at $338,100. Though the US housing market has increased 8.27% over the past year, homes in 11208 New York, NY have only appreciated 5.12%. This slower rate of appreciation may suggest that prices in this area are stabilizing due to the high cost of housing.

The median home cost in New York (zip 11208) is $639,600. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11208) is up 4.0%.

Average Age of Homes

- The median age of New York (zip 11208) real estate is 67 years old

The Rental Market in New York (zip 11208)

- Renters make up 62.5% of the New York (zip 11208) population
- 2.7% of houses and apartments in New York (zip 11208), 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
	36,946.0	139,647,020.0
	71	42
	$639,600	$338,100
	4.0%	16.6%
	22.8%	57.0%
	71.7%	101.1%
	$6.31	$10.98
	$3,467	$2,690
	24.5%	57.4%
	9.2%	11.2%
	66.3%	31.4%
Vacant Housing
	2.7%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.1%	0.4%
	4.0%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	0.1%	2.4%
	1.8%	2.8%
	0.2%	3.9%
	0.8%	4.5%
	2.5%	11.3%
	1.1%	13.0%
	1.2%	20.1%
	9.6%	13.6%
	21.7%	8.3%
	45.1%	9.7%
	10.6%	3.9%
	0.4%	2.2%
	0.3%	0.8%
	2.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	7.3%	13.6%
	5.7%	13.2%
	9.4%	14.8%
	7.3%	13.6%
	11.4%	10.0%
	6.7%	4.7%
	43.0%	12.2%

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