The housing market in 10956 New City, NY is booming. The median value of a house in the area is an impressive $641,600, which is far higher than the US national median value of $338,100. Additionally, while the US one year house appreciation rate is at 8.27%, the rate in 10956 New City is even higher at 14.52%. This means that over the past year, houses in this area have appreciated significantly and could continue to do so in the future.
The median home cost in New City (zip 10956) is $641,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in New City (zip 10956) is up 17.6%.
Average Age of Homes
- The median age of New City (zip 10956) real estate is 48 years old
The Rental Market in New City (zip 10956)
- Renters make up 9.3% of the New City (zip 10956) population
- 0.5% of houses and apartments in New City (zip 10956), 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.