The housing market in 11598 Woodmere, NY is flourishing. The median value of homes in the area is quite high at $1,022,200 compared to the US median house value of $338,100. Furthermore, the appreciation rate for homes in Woodmere has been on an upward trend as well - 8.72% over the past year compared to the US average appreciation rate of 8.27%. This indicates that investing in housing in 11598 Woodmere, NY could be a sound financial decision.
The median home cost in Woodmere (zip 11598) is $1,022,200. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Woodmere (zip 11598) is up 12.8%.
Average Age of Homes
- The median age of Woodmere (zip 11598) real estate is 64 years old
The Rental Market in Woodmere (zip 11598)
- Renters make up 9.5% of the Woodmere (zip 11598) population
- 0.1% of houses and apartments in Woodmere (zip 11598), 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.