New York (Manhattan), NY

Population: 1,585,873
Average annual home appreciation rate: 6.35%
Total of homes for sale in this market:
Median home price: $762,835
Median Rent: $1,307 per room
Home price range: 40.08% of homes are between > $922,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 95.18% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 12.84%
Number of renters: 77.19%
Number of owner occupied: 22.81%
Number people living below poverty level: 17.54%
Unemployment rate: 8.00%
Is this area perfect for real estate deals going on right now? Based on the last twelve months, short-term real estate investors have found success in New York. New York appreciation rates in the latest quarter were at 1.55%, which equates to an annual appreciation rate of 6.35%.

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