The housing market in 11691 New York, NY is thriving. The median value of a house in this area is $606,700 which is significantly higher than the US median value of $338,100. Over the past year, the appreciation rate of homes in 11691 New York, NY has been 8.22%, only 0.05% lower than the US-wide average of 8.27%. These figures demonstrate that this area remains an attractive option for those looking to invest in real estate.
The median home cost in New York (zip 11691) is $606,700. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11691) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11691) real estate is 53 years old
The Rental Market in New York (zip 11691)
- Renters make up 67.9% of the New York (zip 11691) population
- 1.1% of houses and apartments in New York (zip 11691), 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.