Zip 11231 (New York, NY) Housing

Housing in 11231 New York, NY is significantly more expensive than the national average. The median value of a house in this area is $1,577,400 which is almost five times higher than the US median value of $338,100. Despite being more expensive than the rest of the country, the appreciation rate for housing in 11231 is lower than the US average. Over the past year, US home appreciation was 8.27%, whereas it was only 5.12% for houses in 11231 New York, NY.

The median home cost in New York (zip 11231) is $1,577,400. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11231) is up 4.0%.

Average Age of Homes

- The median age of New York (zip 11231) real estate is 78 years old

The Rental Market in New York (zip 11231)

- Renters make up 68.3% of the New York (zip 11231) population
- 1.9% of houses and apartments in New York (zip 11231), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New York, New York	United States
	18,028.0	139,647,020.0
	81	42
	$1,577,400	$338,100
	4.0%	16.6%
	22.8%	57.0%
	71.7%	101.1%
	$7.01	$10.98
	$6,611	$2,690
	29.5%	57.4%
	7.2%	11.2%
	63.4%	31.4%
Vacant Housing
	1.9%	1.9%
	0.8%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.4%	2.4%
	0.3%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	0.4%	11.3%
	0.1%	13.0%
	1.1%	20.1%
	3.7%	13.6%
	0.9%	8.3%
	11.2%	9.7%
	8.7%	3.9%
	20.9%	2.2%
	9.5%	0.8%
	41.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	3.8%	13.6%
	3.5%	13.2%
	2.8%	14.8%
	3.8%	13.6%
	4.9%	10.0%
	8.6%	4.7%
	61.5%	12.2%