The housing market in 11225 New York, NY is thriving as the median value of housing is currently $1,038,800. This number is significantly higher than the US house median value of $338,100. Although the one year appreciation rate in this area of New York is lower at 5.12%, compared to 8.27% for the US as a whole, it still indicates that real estate in this area is appreciating at a healthy rate. With such a high housing price point and consistent increase in value over time, now may be the perfect time for potential homebuyers to consider investing in 11225 New York, NY.
The median home cost in New York (zip 11225) is $1,038,800. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11225) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11225) real estate is 78 years old
The Rental Market in New York (zip 11225)
- Renters make up 79.8% of the New York (zip 11225) population
- 1.6% of houses and apartments in New York (zip 11225), 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.