The housing market in 11102 New York, NY is quite strong. The median value of a house in this area is $757,200, which is over twice the median value of a house nationally at $338,100. Furthermore, the appreciation rate for homes in 11102 New York, NY has been 8.22% over the past year and this figure is very close to the national average of 8.27%. These figures suggest that there is a strong demand for housing in 11102 New York, NY and that it remains a good long-term investment.
The median home cost in New York (zip 11102) is $757,200. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11102) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11102) real estate is 65 years old
The Rental Market in New York (zip 11102)
- Renters make up 78.4% of the New York (zip 11102) population
- 2.4% of houses and apartments in New York (zip 11102), 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.