The housing market in 11209 New York, NY is quite expensive compared to the national average. The median value of homes in this area is $814,400, far exceeding the US median house value of $338,100. Over the last year, house values have appreciated by 5.12%, which is slightly lower than the US 1-year appreciation rate of 8.27%. Homes in 11209 New York, NY are an expensive investment and potential buyers should be aware that appreciation rates may not be as high as the national average.
The median home cost in New York (zip 11209) is $814,400. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11209) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11209) real estate is 78 years old
The Rental Market in New York (zip 11209)
- Renters make up 60.5% of the New York (zip 11209) population
- 3.7% of houses and apartments in New York (zip 11209), 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.