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New York, NY Housing

 
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As of 2006-2010, median price of a house in New York is $513,900, which is much higher than the state average of $296,500 and is much higher than the national average of $179,900. The New York median house value has grown by 142.52% since 2000. The growth rate for the price of a house in New York is much higher than the state average rate of 99.39% and is much higher than the national average rate of 50.42%. The median year that a house in New York was built is 1948, which is older than the median year for a house built in the state which is 1955 and is older than the median year for a house built in the USA which is 1975.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 976,294 Owner Occupied Houses in New York, NY, #201
New York, NY
504,500 USD
New York
296,500 USD
U.S.
179,900 USD
Median House Price Growth Since 2000, #74
New York, NY
142.52%
New York
99.39%
U.S.
50.42%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010 data. View historical house value data.

Housing Occupancy

 New York, NY%New YorkU.S.
Total Housing Units3,371,062, see rank100%8,108,103131,704,730
Occupied Housing Units3,109,78492.25%, see rank90.25%88.62%
Owner Occupied962,89228.56%, see rank48.07%57.69%
Renter Occupied2,146,89263.69%, see rank42.18%30.93%
Vacant Housing Units261,2787.75%, see rank9.75%11.38%
For Rent102,0423.03%, see rank2.47%3.14%
For Sale Only28,5870.85%, see rank0.95%1.44%
Rented or Sold, Not Occupied13,7960.41%, see rank0.42%0.48%
For Seasonal, Recreational, or Occasional Use39,7931.18%, see rank3.57%3.53%
For Migrant Workers910.00%, see rank0.01%0.02%
Other Vacant76,9692.28%, see rank2.33%2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #699
New York, NYNew YorkU.S.
194819551975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010 data. View historical year structure built data.

Mortgage Status

 New York, NY%New YorkU.S.
Owner-Occupied Units976,294100%3,904,12374,873,372
With a Mortgage626,59564.18%, see rank64.99%67.23%
Without a Mortgage349,69935.82%, see rank35.01%32.77%

*Based on 2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
New York, NY
2,461 USD
New York
1,963 USD
U.S.
1,496 USD

Owner Costs Distribution
Monthly Owner CostsNew York, NY%New YorkU.S.
$299 or Less1,9080.30%, see rank0.15%0.20%
$300 to $4994,6530.74%, see rank1.14%1.85%
$500 to $6999,0931.45%, see rank3.51%5.47%
$700 to $99927,5204.39%, see rank10.19%14.91%
$1,000 to $1,49974,62711.91%, see rank20.01%27.80%
$1,500 to $1,99994,47915.08%, see rank16.10%19.99%
$2,000 to $2,999206,68732.99%, see rank25.12%19.07%
$3,000 or More207,62833.14%, see rank23.76%10.70%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New York, NY
30.40% of the Total Income
New York
26.30% of the Total Income
U.S.
25.10% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New York, NY%New YorkU.S.
10% or Less37,4085.97%, see rank5.41%4.75%
10% to 20%128,74420.55%, see rank26.61%28.79%
20% to 30%140,73722.46%, see rank26.34%28.13%
30% to 40%90,64714.47%, see rank14.75%15.08%
40% or More224,12435.77%, see rank26.48%22.74%

*Based on 2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
New York, NY
766 USD
New York
665 USD
U.S.
431 USD

Owner Costs Distribution
Monthly Owner CostsNew York, NY%New YorkU.S.
$199 or Less32,7999.38%, see rank4.93%8.72%
$200 to $29914,5254.15%, see rank6.69%16.53%
$300 to $49939,69011.35%, see rank21.53%36.04%
$500 to $69967,42219.28%, see rank20.48%20.06%
$700 or More195,26355.84%, see rank46.37%18.66%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New York, NY
15.30% of the Total Income
New York
15.50% of the Total Income
U.S.
12.80% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New York, NY%New YorkU.S.
10% or Less115,19632.94%, see rank29.14%38.30%
10% to 20%94,45527.01%, see rank32.41%32.35%
20% to 30%48,44113.85%, see rank15.55%12.77%
30% to 40%26,8527.68%, see rank7.70%5.93%
40% or More59,81517.10%, see rank14.23%9.43%

*Based on 2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 New York, NY%New YorkU.S.
Total Housing Units3,370,647100%8,108,211131,791,065
1-unit, Detached314,2259.32%, see rank41.93%61.43%
1-unit, Attached226,6716.72%, see rank4.82%5.81%
2 Units453,85513.46%, see rank10.72%3.83%
3 or 4 Units356,92510.59%, see rank7.57%4.44%
5 to 9 Units234,1786.95%, see rank5.46%4.81%
10 or More Units1,777,88452.75%, see rank27.01%13.04%
Mobile Home, Boat, RV, Van, etc.6,9090.20%, see rank2.48%6.64%

*Based on 2010 data. View historical units in structure data.

Rooms

 New York, NY%New YorkU.S.
Total Housing Units3,370,647100%8,108,211131,791,065
1 Room211,9006.29%, see rank3.59%1.97%
2 Rooms203,7286.04%, see rank3.56%2.39%
3 Rooms846,85825.12%, see rank15.26%9.11%
4 Rooms862,48925.59%, see rank18.58%16.75%
5 Rooms573,11517.00%, see rank16.74%20.45%
6 Rooms325,6589.66%, see rank15.31%18.25%
7 Rooms142,9904.24%, see rank10.27%12.30%
8 Rooms82,1122.44%, see rank7.62%8.51%
9 Rooms or More121,7973.61%, see rank9.07%10.29%
Median Rooms4.00, see rank-5.005.50

*Based on 2010 data. View historical rooms data.

Bedrooms

 New York, NY%New YorkU.S.
Total Housing Units3,370,647100%8,108,211131,791,065
No Bedroom246,1377.30%, see rank4.11%2.18%
1 Bedroom1,048,08131.09%, see rank19.74%11.25%
2 Bedrooms1,085,33932.20%, see rank26.98%26.95%
3 Bedrooms726,79721.56%, see rank31.45%39.67%
4 Bedrooms177,9205.28%, see rank13.23%15.80%
5 or More Bedrooms86,3732.56%, see rank4.49%4.14%

*Based on 2010 data. View historical bedrooms data.

House Heating Fuel

 New York, NY%New YorkU.S.
Total Housing Units3,039,467100%7,196,427114,567,419
Utility Gas1,748,62157.53%, see rank55.04%49.48%
Bottled, Tank, or LP Gas44,6301.47%, see rank3.16%5.04%
Electricity268,9048.85%, see rank9.40%35.42%
Fuel Oil, Kerosene, etc.908,28629.88%, see rank28.74%6.45%
Coal or Coke3,1540.10%, see rank0.28%0.12%
Wood2,3650.08%, see rank1.99%2.08%
Solar Energy8820.03%, see rank0.03%0.04%
Other Fuel34,4561.13%, see rank0.86%0.45%
No Fuel Used28,1690.93%, see rank0.51%0.92%

*Based on 2010 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNew York, NY%New YorkU.S.
Occupied Units Paying Rent2,011,983100%3,182,90637,521,157
$199 or Less30,2771.50%, see rank1.44%1.98%
$200 to $29995,8754.77%, see rank4.41%3.31%
$300 to $499118,8215.91%, see rank7.35%9.08%
$500 to $699164,7198.19%, see rank12.63%19.05%
$700 to $999393,54619.56%, see rank22.77%29.93%
$1,000 to $1,499678,70333.73%, see rank29.47%24.18%
$1,500 to $1,999310,78815.45%, see rank13.05%8.01%
$2,000 or More219,25410.90%, see rank8.88%4.46%
Median$1,129, see rank-$1,020$855

*Based on 2010 data. View historical gross rent data.

Vehicle Available

 New York, NY%New YorkU.S.
Occupied Housing Units3,039,467100%7,196,427114,567,419
No Vehicles Available1,691,38655.65%, see rank29.13%9.08%
1 Vehicles Available937,30530.84%, see rank32.53%33.82%
2 Vehicles Available324,31210.67%, see rank26.79%37.58%
3 or More Vehicles Available86,4642.84%, see rank11.55%19.53%

*Based on 2010 data. View historical vehicle available data.


 
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