The housing market in 10983 Tappan, NY is very strong, with an impressive median value of $566,600. This is significantly higher than the US median house value of $338,100, indicating that this market is thriving. This area has also seen a 14.52% increase in house values over the past year while the US average was only 8.27%. This means that people are investing heavily in property here and driving prices up. The future of real estate investing in 10983 Tappan looks very promising given its current strength and continued growth.
The median home cost in Tappan (zip 10983) is $566,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Tappan (zip 10983) is up 17.6%.
Average Age of Homes
- The median age of Tappan (zip 10983) real estate is 53 years old
The Rental Market in Tappan (zip 10983)
- Renters make up 3.6% of the Tappan (zip 10983) population
- 1.4% of houses and apartments in Tappan (zip 10983), 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.