Zip 11427 (New York, NY) Housing

The housing median value in 11427 New York, NY is $598,700, which is considerably higher than the US house median value of $338,100. While the US had a 1 year house appreciation rate of 8.27%, the 1 year appreciation rate for housing in 11427 New York, NY was 7.17%. This suggests that although the housing market has seen a positive trend in this area, it has been slightly lower than the national average. This could be indicative of a more stable market and suggests that there may be less volatility in property prices here compared to other areas.

The median home cost in New York (zip 11427) is $598,700. Home appreciation the last 10 years has been 90.7%. Home Appreciation in New York (zip 11427) is up 8.0%.

Average Age of Homes

- The median age of New York (zip 11427) real estate is 67 years old

The Rental Market in New York (zip 11427)

- Renters make up 38.2% of the New York (zip 11427) population
- 1.3% of houses and apartments in New York (zip 11427), 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
	8,367.0	139,647,020.0
	69	42
	$598,700	$338,100
	8.0%	16.6%
	40.5%	57.0%
	90.7%	101.1%
	$9.62	$10.98
	$5,719	$2,690
	60.7%	57.4%
	4.7%	11.2%
	34.6%	31.4%
Vacant Housing
	1.3%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.1%	0.4%
	0.4%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.0%	2.4%
	0.8%	2.8%
	0.6%	3.9%
	1.1%	4.5%
	3.0%	11.3%
	4.4%	13.0%
	10.5%	20.1%
	5.8%	13.6%
	11.0%	8.3%
	32.9%	9.7%
	20.0%	3.9%
	7.6%	2.2%
	1.8%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	1.5%	13.6%
	2.7%	13.2%
	2.1%	14.8%
	1.5%	13.6%
	36.5%	10.0%
	22.0%	4.7%
	22.5%	12.2%

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