The housing market in New York, NY 10464 is more expensive than the national average. The median value of a home in this area is $603,900, which is significantly higher than the US median value of $338,100. Despite its higher cost, the appreciation rate for housing in New York, NY 10464 is lower than the US average at 4.68%, compared to an 8.27% US house appreciation rate. This suggests that although there are no guarantees in real estate investing, there may be opportunities for buyers to find a good deal in this market.
The median home cost in New York (zip 10464) is $603,900. Home appreciation the last 10 years has been 70.4%. Home Appreciation in New York (zip 10464) is up 5.8%.
Average Age of Homes
- The median age of New York (zip 10464) real estate is 65 years old
The Rental Market in New York (zip 10464)
- Renters make up 40.2% of the New York (zip 10464) population
- 0.0% of houses and apartments in New York (zip 10464), 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.