The housing situation in 11215 New York, NY is quite expensive compared to the US median value of $338,100. The median value of homes in 11215 New York, NY is $1,392,700, indicating that the area is affluent with high real estate prices. Despite this high cost of living, the 1 year house appreciation rate for the area is 5.12%, which is slightly lower than the US rate of 8.27%. This suggests that although pricey, the housing market in 11215 New York, NY may still have potential for increased value over time.
The median home cost in New York (zip 11215) is $1,392,700. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11215) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11215) real estate is 78 years old
The Rental Market in New York (zip 11215)
- Renters make up 58.3% of the New York (zip 11215) population
- 4.2% of houses and apartments in New York (zip 11215), 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.