Zip 12116 (Maryland, NY) Housing

The housing market in 12116 Maryland, NY is performing significantly better than the national average. The median value of a house in 12116 Maryland is $190,200, which is much lower than the US median value of $338,100. Furthermore, house appreciation in 12116 Maryland over the last year has been 12.23%, while the US average was 8.27%.This indicates the strong growth potential for homeowners in this area and suggests that now may be a good time to buy a home here.

The median home cost in Maryland (zip 12116) is $190,200. Home appreciation the last 10 years has been 52.6%. Home Appreciation in Maryland (zip 12116) is up 11.9%.

Average Age of Homes

- The median age of Maryland (zip 12116) real estate is 51 years old

The Rental Market in Maryland (zip 12116)

- Renters make up 10.5% of the Maryland (zip 12116) population
- 0.0% of houses and apartments in Maryland (zip 12116), 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	Maryland, New York	United States
	946.0	139,647,020.0
	45	42
	$190,200	$338,100
	11.9%	16.6%
	46.3%	57.0%
	52.6%	101.1%
	$18.89	$10.98
	$2,445	$2,690
	56.8%	57.4%
	34.7%	11.2%
	8.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.0%	0.7%
	0.0%	0.4%
	24.6%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	5.0%	2.4%
	4.5%	2.8%
	4.7%	3.9%
	19.9%	4.5%
	25.0%	11.3%
	14.3%	13.0%
	15.1%	20.1%
	1.3%	13.6%
	6.5%	8.3%
	2.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	10.8%	13.6%
	22.9%	13.2%
	10.7%	14.8%
	10.8%	13.6%
	19.7%	10.0%
	7.7%	4.7%
	9.0%	12.2%

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