Zip 11234 (New York, NY) Housing

The housing market in 11234 New York, NY is relatively expensive compared to the national average. According to data provided, the median housing value in this area is $700,200, which is more than double the US house median of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in 11234 New York, NY is 5.12%. This shows that although the housing market here may be more expensive than other parts of the country, it is still a good investment as property values are increasing at a steady rate.

The median home cost in New York (zip 11234) is $700,200. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11234) is up 4.0%.

Average Age of Homes

- The median age of New York (zip 11234) real estate is 64 years old

The Rental Market in New York (zip 11234)

- Renters make up 30.8% of the New York (zip 11234) population
- 0.9% of houses and apartments in New York (zip 11234), 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
	35,153.0	139,647,020.0
	69	42
	$700,200	$338,100
	4.0%	16.6%
	22.8%	57.0%
	71.7%	101.1%
	$7.01	$10.98
	$5,767	$2,690
	62.7%	57.4%
	7.1%	11.2%
	30.1%	31.4%
Vacant Housing
	0.9%	1.9%
	0.7%	0.4%
	0.9%	0.7%
	0.6%	0.4%
	1.1%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.3%	2.4%
	0.5%	2.8%
	0.6%	3.9%
	0.2%	4.5%
	0.7%	11.3%
	1.9%	13.0%
	4.0%	20.1%
	2.7%	13.6%
	10.1%	8.3%
	48.6%	9.7%
	20.6%	3.9%
	5.5%	2.2%
	0.8%	0.8%
	2.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.8%	13.6%
	3.8%	13.6%
	1.9%	13.6%
	2.2%	13.2%
	6.3%	14.8%
	1.9%	13.6%
	19.2%	10.0%
	13.1%	4.7%
	32.2%	12.2%

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