The housing market in 10987 Tuxedo Park, NY is booming. Median value here is a whopping $1,225,300, far exceeding the US median of $338,100. This disparity is even greater when looking at the appreciation rate of the area over the last year; while the US average stands at 8.27%, homes in 10987 Tuxedo Park have appreciated at an incredible 14.52%. It's clear that this area is one of the most desirable locations in the country for a growing family looking to invest in their future.
The median home cost in Tuxedo Park (zip 10987) is $1,225,300. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Tuxedo Park (zip 10987) is up 17.6%.
Average Age of Homes
- The median age of Tuxedo Park (zip 10987) real estate is 52 years old
The Rental Market in Tuxedo Park (zip 10987)
- Renters make up 17.6% of the Tuxedo Park (zip 10987) population
- 1.6% of houses and apartments in Tuxedo Park (zip 10987), 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.