The housing market in 10451 New York, NY is currently quite affordable compared to other regions of the United States, with a median value of $272,800. This is significantly lower than the US house median value of $338,100. The 1 year appreciation rate for the US housing market is 8.27%, while in 10451 New York, NY it is only 4.68%. Despite this lower appreciation rate, this area still offers potential buyers cost effective housing options when compared to many other regions across the nation.
The median home cost in New York (zip 10451) is $272,800. Home appreciation the last 10 years has been 70.4%. Home Appreciation in New York (zip 10451) is up 5.8%.
Average Age of Homes
- The median age of New York (zip 10451) real estate is 62 years old
The Rental Market in New York (zip 10451)
- Renters make up 81.7% of the New York (zip 10451) population
- 1.1% of houses and apartments in New York (zip 10451), 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.