10470 New York, NY is an expensive place to buy a house, with the median value in the area standing at $510,400. This is significantly higher than the US median housing value of $338,100. In the past year, nationwide appreciation rose 8.27%, while appreciation in New York was lower at 4.68%. This slower rate of growth could indicate a more stable market for those investing in the area. 10470 New York, NY is therefore a desirable housing destination despite its high cost due to its lower rate of appreciation and potential for stability.
The median home cost in New York (zip 10470) is $510,400. Home appreciation the last 10 years has been 70.4%. Home Appreciation in New York (zip 10470) is up 5.8%.
Average Age of Homes
- The median age of New York (zip 10470) real estate is 74 years old
The Rental Market in New York (zip 10470)
- Renters make up 55.9% of the New York (zip 10470) population
- 1.5% of houses and apartments in New York (zip 10470), 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.