The housing situation in 10034 Inwood, NY is very encouraging. The median value for homes in the area is $433,400, which is significantly higher than the US median value of $338,100. Furthermore, the 1 year house appreciation rate for Inwood is 8.22%, only slightly lower than the national average of 8.27%. This indicates that local real estate is a sound investment with considerable potential to increase in value over time.
The median home cost in Inwood (zip 10034) is $433,400. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Inwood (zip 10034) is up 10.8%.
Average Age of Homes
- The median age of Inwood (zip 10034) real estate is 78 years old
The Rental Market in Inwood (zip 10034)
- Renters make up 86.0% of the Inwood (zip 10034) population
- 3.5% of houses and apartments in Inwood (zip 10034), 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.