The housing market in 10594 Thornwood, NY is an attractive option for potential buyers. The median value of housing in the area stands at $688,800, which is significantly higher than the US median of $338,100. In addition to the higher value of housing, the area also offers an impressive house appreciation rate of 7.98% over the past year. This rate is slightly lower than the national average of 8.27%, but it is still a solid sign that Thornwood real estate investments can yield a good return on investment. With low unemployment and excellent amenities, Thornwood is a great place to buy a home or invest in real estate.
The median home cost in Thornwood (zip 10594) is $688,800. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Thornwood (zip 10594) is up 10.6%.
Average Age of Homes
- The median age of Thornwood (zip 10594) real estate is 61 years old
The Rental Market in Thornwood (zip 10594)
- Renters make up 21.1% of the Thornwood (zip 10594) population
- 1.5% of houses and apartments in Thornwood (zip 10594), 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.