Housing in 11385 New York, NY is significantly more expensive than the national average. The median value of a house in 11385 is $773,800, which is over twice the US median value of $338,100. Despite this large gap, the 1 year house appreciation in 11385 was only 2.56%, far lower than the US 1 year house appreciation rate of 8.27%. This means that despite prices being higher in 11385, there has not been as much of an increase in value as elsewhere across the country.
The median home cost in New York (zip 11385) is $773,800. Home appreciation the last 10 years has been 77.5%. Home Appreciation in New York (zip 11385) is up 10.7%.
Average Age of Homes
- The median age of New York (zip 11385) real estate is 78 years old
The Rental Market in New York (zip 11385)
- Renters make up 64.6% of the New York (zip 11385) population
- 2.9% of houses and apartments in New York (zip 11385), 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.