The housing market in 11206 New York, NY is a booming one. The median value of homes currently stands at $835,300, which is significantly higher than the US House Median Value of $338,100. Over the past year, appreciation of housing in this area has been 5.12%, compared to 8.27% for the United States as a whole. With prices continuing to rise and demand for housing still strong, 11206 New York, NY remains an attractive place to invest in property.
The median home cost in New York (zip 11206) is $835,300. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11206) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11206) real estate is 57 years old
The Rental Market in New York (zip 11206)
- Renters make up 81.3% of the New York (zip 11206) population
- 1.1% of houses and apartments in New York (zip 11206), 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.