Zip 11220 (New York, NY) Housing

The housing market in 11220 New York, NY is faring well above the national average. The median value of a home in this area is $881,200, much higher than the US median value of $338,100. Although the US experienced a 1 year house appreciation of 8.27%, homes in 11220 New York, NY had an even better rate of 5.12%. This indicates that the housing market in this location is strong and possibly a good investment opportunity for potential homeowners.

The median home cost in New York (zip 11220) is $881,200. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11220) is up 4.0%.

Average Age of Homes

- The median age of New York (zip 11220) real estate is 78 years old

The Rental Market in New York (zip 11220)

- Renters make up 70.3% of the New York (zip 11220) population
- 2.3% of houses and apartments in New York (zip 11220), 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
	29,984.0	139,647,020.0
	81	42
	$881,200	$338,100
	4.0%	16.6%
	22.8%	57.0%
	71.7%	101.1%
	$6.62	$10.98
	$5,642	$2,690
	25.7%	57.4%
	8.3%	11.2%
	65.9%	31.4%
Vacant Housing
	2.3%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.2%	0.4%
	0.7%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	3.5%	2.4%
	0.9%	2.8%
	1.5%	3.9%
	0.2%	4.5%
	1.7%	11.3%
	0.6%	13.0%
	3.0%	20.1%
	5.6%	13.6%
	5.9%	8.3%
	15.2%	9.7%
	19.2%	3.9%
	27.6%	2.2%
	7.4%	0.8%
	3.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.3%	13.6%
	2.3%	13.6%
	3.0%	13.6%
	3.1%	13.2%
	6.7%	14.8%
	3.0%	13.6%
	6.7%	10.0%
	7.6%	4.7%
	61.1%	12.2%

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Ying · Brooklyn, NY

Sunset Park

Over 18 years ago

The residents of Sunset Park are mostly Hispanic and Chinese. This is a city neighborhood that has a high crime rate and high-priced housing. Hopefully we will see the More

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