The housing market in 11109 New York, NY is slightly lower than the national median value of $338,100, at $597,800. However, despite this gap in prices, the area has seen a steady growth in value at 8.22% appreciation over the past year. This is slightly less than the national average of 8.27%, but still indicates a healthy real estate market in 11109 New York, NY. With an incredible variety of housing options from which to choose and a safe investment that is still growing steadily each year, 11109 New York, NY continues to be an attractive option for those looking to purchase property.
The median home cost in New York (zip 11109) is $597,800. Home appreciation the last 10 years has been 62.6%. Home Appreciation in New York (zip 11109) is up 10.8%.
Average Age of Homes
- The median age of New York (zip 11109) real estate is 8 years old
The Rental Market in New York (zip 11109)
- Renters make up 73.5% of the New York (zip 11109) population
- 4.5% of houses and apartments in New York (zip 11109), 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.