The housing market in 11694 New York, NY is quite strong. The median value of houses in this area is $705,900, which is more than double the US median value of $338,100. In the past year, house appreciation has been 8.22%, only slightly lower than the national average of 8.27%. This means that people investing in real estate in 11694 New York, NY are likely to see a good return on their investment over time. Overall, the housing market in 11694 New York, NY looks like it is a strong and stable investment opportunity.
The median home cost in New York (zip 11694) is $705,900. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11694) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11694) real estate is 64 years old
The Rental Market in New York (zip 11694)
- Renters make up 39.8% of the New York (zip 11694) population
- 2.8% of houses and apartments in New York (zip 11694), 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.