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New York, NY Housing

 
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As of 2010-2014, median price of a house in New York is $490,700, which is much higher than the state average of $283,700 and is much higher than the national average of $175,700. The New York median house value has grown by 131.57% since 2000. The growth rate for the price of a house in New York is much higher than the state average rate of 90.79% and is much higher than the national average rate of 46.91%. The median year that a house in New York was built is 1949, which is older than the median year for a house built in the state which is 1956 and is older than the median year for a house built in the USA which is 1976.

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 988,803 Owner Occupied Houses in New York, NY, #182
New York, NY
490,700 USD
New York
283,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #57
New York, NY
131.57%
New York
90.79%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 New York, NYNew YorkU.S.
Total Housing Units3,407,932, see rank, 100%8,153,309132,741,033
Occupied Housing Units3,095,931, 90.84%, see rank88.99%87.55%
Owner Occupied988,803, 29.01%, see rank47.92%56.34%
Renter Occupied2,107,128, 61.83%, see rank41.07%31.21%
Vacant Housing Units312,001, 9.16%, see rank11.01%12.45%
For Rent81,632, 2.40%, see rank1.92%2.34%
For Sale Only22,764, 0.67%, see rank0.87%1.20%
Rented or Sold, Not Occupied39,718, 1.17%, see rank0.95%0.92%
For Seasonal, Recreational, or Occasional Use62,440, 1.83%, see rank3.84%3.97%
For Migrant Workers250, 0.01%, see rank0.01%0.03%
Other Vacant105,197, 3.09%, see rank3.42%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #704
New York, NYNew YorkU.S.
194919561976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 New York, NY%New YorkU.S.
Owner-Occupied Units988,803100%3,906,99174,787,460
With a Mortgage615,86362.28%, see rank63.75%65.58%
Without a Mortgage372,94037.72%, see rank36.25%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
New York, NY
2,555 USD
New York
2,042 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNew York, NY%New YorkU.S.
$299 or Less2,0890.34%, see rank0.18%0.20%
$300 to $4994,5540.74%, see rank0.98%1.59%
$500 to $6999,5471.55%, see rank2.98%5.01%
$700 to $99925,0114.06%, see rank9.38%14.32%
$1,000 to $1,49961,2389.94%, see rank19.20%27.90%
$1,500 to $1,99989,25814.49%, see rank16.14%20.35%
$2,000 to $2,999203,13332.98%, see rank25.21%19.52%
$3,000 or More221,03335.89%, see rank25.94%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New York, NY
29.60% of the Total Income
New York
25.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New York, NY%New YorkU.S.
10% or Less42,7876.95%, see rank5.96%5.86%
10% to 20%135,01121.92%, see rank28.39%31.95%
20% to 30%132,49621.51%, see rank26.11%27.64%
30% to 40%87,11314.14%, see rank14.22%13.74%
40% or More213,92034.73%, see rank24.87%20.29%

*Based on 2010-2014 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
813 USD
New York
710 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNew York, NY%New YorkU.S.
$199 or Less40,47910.85%, see rank5.20%7.76%
$200 to $29914,1583.80%, see rank5.70%14.70%
$300 to $49933,7239.04%, see rank18.86%34.63%
$500 to $69959,67416.00%, see rank19.69%21.16%
$700 or More224,90660.31%, see rank50.55%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New York, NY
14.50% of the Total Income
New York
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New York, NY%New YorkU.S.
10% or Less133,11535.69%, see rank30.96%40.19%
10% to 20%97,42426.12%, see rank31.75%31.47%
20% to 30%47,27712.68%, see rank14.54%12.24%
30% to 40%27,3127.32%, see rank7.45%5.64%
40% or More62,80516.84%, see rank14.27%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 New York, NYNew YorkU.S.
Total Housing Units3,407,932, 100%8,153,309132,741,033
1-unit, Detached312,204, 9.16%, see rank41.93%61.65%
1-unit, Attached234,139, 6.87%, see rank4.95%5.82%
2 Units452,231, 13.27%, see rank10.61%3.75%
3 or 4 Units351,353, 10.31%, see rank7.39%4.43%
5 to 9 Units229,114, 6.72%, see rank5.27%4.78%
10 or More Units1,821,639, 53.45%, see rank27.40%13.08%
Mobile Home, Boat, RV, Van, etc.7,252, 0.21%, see rank2.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 New York, NYNew YorkU.S.
Total Housing Units3,407,932, 100%8,153,309132,741,033
1 Room221,051, 6.49%, see rank3.74%1.95%
2 Rooms214,062, 6.28%, see rank3.69%2.48%
3 Rooms857,480, 25.16%, see rank15.28%9.13%
4 Rooms877,938, 25.76%, see rank18.50%16.60%
5 Rooms580,580, 17.04%, see rank16.75%20.41%
6 Rooms323,001, 9.48%, see rank15.01%18.06%
7 Rooms139,469, 4.09%, see rank10.26%12.27%
8 Rooms78,410, 2.30%, see rank7.56%8.48%
9 Rooms or More115,941, 3.40%, see rank9.20%10.60%
Median Rooms4.00, see rank5.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 New York, NYNew YorkU.S.
Total Housing Units3,407,932, 100%8,153,309132,741,033
No Bedroom256,981, 7.54%, see rank4.29%2.17%
1 Bedroom1,067,176, 31.31%, see rank19.68%11.16%
2 Bedrooms1,091,107, 32.02%, see rank26.84%26.69%
3 Bedrooms739,832, 21.71%, see rank31.52%39.70%
4 Bedrooms172,909, 5.07%, see rank13.27%16.05%
5 or More Bedrooms79,927, 2.35%, see rank4.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 New York, NYNew YorkU.S.
Total Housing Units3,095,931, 100%7,255,528116,211,092
Utility Gas1,836,020, 59.30%, see rank56.12%48.85%
Bottled, Tank, or LP Gas49,497, 1.60%, see rank3.36%4.86%
Electricity307,698, 9.94%, see rank10.26%36.68%
Fuel Oil, Kerosene, etc.816,770, 26.38%, see rank26.24%5.86%
Coal or Coke2,258, 0.07%, see rank0.26%0.12%
Wood2,024, 0.07%, see rank2.04%2.12%
Solar Energy1,025, 0.03%, see rank0.03%0.05%
Other Fuel39,728, 1.28%, see rank0.97%0.47%
No Fuel Used40,911, 1.32%, see rank0.72%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNew York, NYNew YorkU.S.
Occupied Units Paying Rent2,052,943, 100%3,233,10039,201,928
$199 or Less23,519, 1.15%, see rank1.14%1.50%
$200 to $29996,199, 4.69%, see rank4.22%3.18%
$300 to $499114,192, 5.56%, see rank6.44%7.37%
$500 to $699129,367, 6.30%, see rank10.26%16.01%
$700 to $999309,683, 15.08%, see rank19.86%29.17%
$1,000 to $1,499695,800, 33.89%, see rank30.47%26.88%
$1,500 to $1,999371,162, 18.08%, see rank15.24%9.79%
$2,000 or More313,021, 15.25%, see rank12.38%6.10%
Median$1,234, see rank$1,117$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 New York, NYNew YorkU.S.
Occupied Housing Units3,095,931, 100%7,255,528116,211,092
No Vehicles Available1,716,101, 55.43%, see rank29.34%9.12%
1 Vehicles Available966,475, 31.22%, see rank32.69%33.80%
2 Vehicles Available327,709, 10.59%, see rank26.49%37.48%
3 or More Vehicles Available85,646, 2.77%, see rank11.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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