Zip 11516 (Cedarhurst, NY) Housing

The housing in 11516 Cedarhurst, NY is quite expensive, with the median value for homes being at $959,700. This is significantly more than the US House Median Value of $338,100, and it also has a higher appreciation rate than the US within the past year: 8.72% compared to 8.27%. With such an expensive housing market it may be difficult to purchase a home in this area, although the high appreciation rate could make it a desirable investment opportunity.

The median home cost in Cedarhurst (zip 11516) is $959,700. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Cedarhurst (zip 11516) is up 12.8%.

Average Age of Homes

- The median age of Cedarhurst (zip 11516) real estate is 66 years old

The Rental Market in Cedarhurst (zip 11516)

- Renters make up 34.3% of the Cedarhurst (zip 11516) population
- 0.0% of houses and apartments in Cedarhurst (zip 11516), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cedarhurst, New York	United States
	2,936.0	139,647,020.0
	70	42
	$959,700	$338,100
	12.8%	16.6%
	42.7%	57.0%
	75.2%	101.1%
	$18.84	$10.98
	$9,228	$2,690
	63.0%	57.4%
	7.2%	11.2%
	29.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.7%	0.7%
	1.4%	0.4%
	0.4%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	1.7%	13.0%
	5.3%	20.1%
	11.2%	13.6%
	15.9%	8.3%
	19.3%	9.7%
	25.6%	3.9%
	15.2%	2.2%
	3.2%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.5%	13.6%
	1.5%	13.6%
	2.1%	13.6%
	3.1%	13.2%
	4.8%	14.8%
	2.1%	13.6%
	23.2%	10.0%
	9.3%	4.7%
	38.7%	12.2%

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