The housing market in 11204 New York, NY is quite expensive, with the median value of properties reaching $1,001,900. This is significantly higher than the US house median value of $338,100. Although the US house appreciation rate over one year was 8.27%, the appreciation rate for homes in 11204 was 5.12%. This shows that although property prices in this area are high compared to the national average, they are not increasing at the same rate as other areas.
The median home cost in New York (zip 11204) is $1,001,900. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11204) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11204) real estate is 78 years old
The Rental Market in New York (zip 11204)
- Renters make up 57.6% of the New York (zip 11204) population
- 1.7% of houses and apartments in New York (zip 11204), 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.