The housing market in Tribeca/Soho, NY (zip code 10013) is extremely robust and valuable. The median value of houses in this area is an astounding $3,157,100 which is significantly higher than the US median house value of $338,100. In addition to the high initial valuations, the 1 year appreciation rate for houses in Tribeca/Soho is 8.22%, just slightly lower than the US average of 8.27%. This data indicates that purchasing a home in Tribeca/Soho presents an incredibly profitable opportunity for potential buyers.
The median home cost in Tribeca - Soho (zip 10013) is $3,157,100. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Tribeca - Soho (zip 10013) is up 10.8%.
Average Age of Homes
- The median age of Tribeca - Soho (zip 10013) real estate is 78 years old
The Rental Market in Tribeca - Soho (zip 10013)
- Renters make up 60.3% of the Tribeca - Soho (zip 10013) population
- 4.5% of houses and apartments in Tribeca - Soho (zip 10013), 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.