The housing market in 10027 Mt. Morris Park, Morningside Heights, NY is a robust one with a median value of $813,900. This is significantly higher than the national median value of $338,100. The 1 year appreciation rate in this area is 8.22%, which is slightly lower than the national rate of 8.27%. In conclusion, this area has high housing values and relatively stable appreciation rates making it an appealing place to invest in property.
The median home cost in Mt. Morris Park - Morningside Heights (zip 10027) is $813,900. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Mt. Morris Park - Morningside Heights (zip 10027) is up 10.8%.
Average Age of Homes
- The median age of Mt. Morris Park - Morningside Heights (zip 10027) real estate is 72 years old
The Rental Market in Mt. Morris Park - Morningside Heights (zip 10027)
- Renters make up 76.5% of the Mt. Morris Park - Morningside Heights (zip 10027) population
- 5.7% of houses and apartments in Mt. Morris Park - Morningside Heights (zip 10027), 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.