The housing median value in 10461 New York, NY is $591,800, which is significantly higher than the median US house value of $338,100. Despite this high price point, the 1 year appreciation rate for homes in 10461 New York, NY is only 4.68%, which is much lower than the 8.27% national average. This lower appreciation rate may be due to more recent and stricter regulations on new home construction making it difficult to drive up prices within the area. Overall, 10461 New York, NY remains one of the most populous and expensive areas in the country with housing values at a premium and appreciation rates lagging behind the rest of the nation.
The median home cost in New York (zip 10461) is $591,800. Home appreciation the last 10 years has been 70.4%. Home Appreciation in New York (zip 10461) is up 5.8%.
Average Age of Homes
- The median age of New York (zip 10461) real estate is 68 years old
The Rental Market in New York (zip 10461)
- Renters make up 63.1% of the New York (zip 10461) population
- 2.3% of houses and apartments in New York (zip 10461), 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.