Zip 12561 (New Paltz, NY) Housing

The housing market in 12561 New Paltz, NY is doing well. The median value of housing in the area is $451,000 which is significantly higher than the US median house value of $338,100. Furthermore, the appreciation rate in New Paltz is 10.37%, which is higher than the national average of 8.27%. This indicates that there has been strong growth in the local housing market and will likely continue to do so. Therefore, it is a great time to invest in real estate in 12561 New Paltz, NY.

The median home cost in New Paltz (zip 12561) is $451,000. Home appreciation the last 10 years has been 71.1%. Home Appreciation in New Paltz (zip 12561) is up 14.0%.

Average Age of Homes

- The median age of New Paltz (zip 12561) real estate is 42 years old

The Rental Market in New Paltz (zip 12561)

- Renters make up 33.9% of the New Paltz (zip 12561) population
- 1.1% of houses and apartments in New Paltz (zip 12561), 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 Paltz, New York	United States
	7,288.0	139,647,020.0
	45	42
	$451,000	$338,100
	14.0%	16.6%
	58.0%	57.0%
	71.1%	101.1%
	$26.37	$10.98
	$8,432	$2,690
	55.5%	57.4%
	11.8%	11.2%
	32.7%	31.4%
Vacant Housing
	1.1%	1.9%
	1.2%	0.4%
	3.1%	0.7%
	0.5%	0.4%
	2.4%	3.6%
	3.6%	4.1%
Value of Owner-Occupied Housing
	3.1%	2.6%
	1.6%	2.4%
	0.3%	2.8%
	1.7%	3.9%
	1.4%	4.5%
	5.5%	11.3%
	7.7%	13.0%
	24.4%	20.1%
	21.6%	13.6%
	15.4%	8.3%
	12.3%	9.7%
	3.7%	3.9%
	0.4%	2.2%
	0.4%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.8%	13.6%
	12.8%	13.6%
	9.8%	13.6%
	18.0%	13.2%
	11.6%	14.8%
	9.8%	13.6%
	10.5%	10.0%
	2.5%	4.7%
	19.0%	12.2%

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