The housing market in 11235 New York, NY is incredibly expensive with the median value of a house being $625,400. This is almost double the US median value of $338,100 and shows the high demand for housing in the area. Although house values have appreciated by 5.12% in the past year, this is lower than the US 1 year appreciation rate of 8.27%. Despite this lower rate of appreciation, housing costs still remain extremely high as this area continues to be an attractive place to live.
The median home cost in New York (zip 11235) is $625,400. Home appreciation the last 10 years has been 71.7%. Home Appreciation in New York (zip 11235) is up 4.0%.
Average Age of Homes
- The median age of New York (zip 11235) real estate is 65 years old
The Rental Market in New York (zip 11235)
- Renters make up 54.0% of the New York (zip 11235) population
- 1.4% of houses and apartments in New York (zip 11235), 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.