The housing in 11377 New York, NY is quite expensive compared to the median US house. The median value for houses in 11377 New York, NY is $576,500 which is more than 70% higher than the US median of $338,100. That said, the appreciation rate for this area has been much lower than the national average. In the last year, houses in 11377 New York, NY increased by only 2.56%, while nationally they appreciated by 8.27%. This could be a sign that people are not buying as much real estate here as other markets around the country.
The median home cost in New York (zip 11377) is $576,500. Home appreciation the last 10 years has been 77.5%. Home Appreciation in New York (zip 11377) is up 10.7%.
Average Age of Homes
- The median age of New York (zip 11377) real estate is 66 years old
The Rental Market in New York (zip 11377)
- Renters make up 68.2% of the New York (zip 11377) population
- 1.5% of houses and apartments in New York (zip 11377), 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.