The housing market in 11369 New York, NY is quite different from the US average. The median value for homes in this area is $671,200, significantly higher than the US median of $338,100. However, the appreciation rate in 11369 New York, NY has been much slower than the national average; over the last year it has only risen by 2.56%, while the US average appreciation rate was 8.27%. This could be due to a variety of factors such as local economic and demographic trends or changes in supply and demand. In any case, these figures show that although housing prices are higher than usual here, they have not been appreciating at the same rate as elsewhere in the country.
The median home cost in New York (zip 11369) is $671,200. Home appreciation the last 10 years has been 77.5%. Home Appreciation in New York (zip 11369) is up 10.7%.
Average Age of Homes
- The median age of New York (zip 11369) real estate is 71 years old
The Rental Market in New York (zip 11369)
- Renters make up 48.4% of the New York (zip 11369) population
- 0.8% of houses and apartments in New York (zip 11369), 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.