Housing in 11237 New York, NY is significantly more expensive than the national median. The median value of homes in 11237 is $878,400, which is nearly three times the national median of $338,100. Despite this higher cost of housing, appreciation in 11237 has not been as strong as it has been nationally over the past year. The US one-year house appreciation rate is 8.27%, while it is only 5.12% for homes in 11237 New York, NY. This slower rate of appreciation could potentially indicate a slowdown or saturation in this market.
The median home cost in New York (zip 11237) is $878,400. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11237) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11237) real estate is 78 years old
The Rental Market in New York (zip 11237)
- Renters make up 84.6% of the New York (zip 11237) population
- 3.1% of houses and apartments in New York (zip 11237), 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.