Zip 11362 (New York, NY) Housing

The housing in 11362 New York, NY is a bit expensive compared to the US average. The median value of homes in 11362 is $529,400 whereas the US house median value is $338,100. This shows that the housing market in 11362 is much more expensive than many other places around the country. Also, the 1 year appreciation rate for houses in 11362 was 2.56% which is significantly lower than the US average of 8.27%. Despite this lower appreciation rate, it still leaves many people wondering if it's worth investing in such an expensive area.

The median home cost in New York (zip 11362) is $529,400. Home appreciation the last 10 years has been 77.5%. Home Appreciation in New York (zip 11362) is up 10.7%.

Average Age of Homes

- The median age of New York (zip 11362) real estate is 60 years old

The Rental Market in New York (zip 11362)

- Renters make up 20.1% of the New York (zip 11362) population
- 0.8% of houses and apartments in New York (zip 11362), 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
	7,806.0	139,647,020.0
	64	42
	$529,400	$338,100
	10.7%	16.6%
	23.7%	57.0%
	77.5%	101.1%
	$8.95	$10.98
	$6,856	$2,690
	71.7%	57.4%
	6.8%	11.2%
	21.6%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.7%	0.4%
	0.7%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.3%	2.4%
	0.0%	2.8%
	0.3%	3.9%
	1.0%	4.5%
	4.6%	11.3%
	4.8%	13.0%
	19.4%	20.1%
	16.5%	13.6%
	2.6%	8.3%
	8.1%	9.7%
	24.7%	3.9%
	12.6%	2.2%
	2.3%	0.8%
	2.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.5%	13.6%
	2.5%	13.6%
	4.6%	13.6%
	6.5%	13.2%
	6.5%	14.8%
	4.6%	13.6%
	46.1%	10.0%
	5.7%	4.7%
	10.5%	12.2%

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