The housing market in 10033 Washington Heights, NY is currently very strong. The median value of homes in this area is $606,300, which is significantly higher than the US median house value of $338,100. Furthermore, the one-year appreciation rate for homes in the area is 8.22%, which is slightly lower than the national average of 8.27%. This indicates that despite higher home values, prices are still rising. Therefore, it may be a great opportunity to invest in the 10033 Washington Heights real estate market now while prices are still increasing quickly.
The median home cost in Washington Heights (zip 10033) is $606,300. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Washington Heights (zip 10033) is up 10.8%.
Average Age of Homes
- The median age of Washington Heights (zip 10033) real estate is 78 years old
The Rental Market in Washington Heights (zip 10033)
- Renters make up 85.2% of the Washington Heights (zip 10033) population
- 1.6% of houses and apartments in Washington Heights (zip 10033), 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.