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New York, Northern New Jersey, Long Island Metro Area Housing

 

As of 2010-2014, median price of a house in New York, Northern New Jersey, Long Island Area is $400,000, which is much higher than the national average of $175,700. The median year that a house in New York, Northern New Jersey, Long Island Area was built is 1957, which 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 3,694,231 Owner Occupied Houses in New York, Northern New Jersey, Long Island Area, #13
New York, Northern New Jersey, Long Island Area
400,000 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
New York, Northern New Jersey, Long Island Area
-10.69%
U.S.
46.91%

*The New York, Northern New Jersey, Long Island Area median house price growth rate is since 2005-2009. The and U.S population growth rate is since 2000.
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, Northern New Jersey, Long Island Area%U.S.
Total Housing Units7,834,578, see rank100%132,741,033
Occupied Housing Units7,105,00390.69%, see rank87.55%
Owner Occupied3,694,23147.15%, see rank56.34%
Renter Occupied3,410,77243.53%, see rank31.21%
Vacant Housing Units729,5759.31%, see rank12.45%
For Rent164,9382.11%, see rank2.34%
For Sale Only66,7390.85%, see rank1.20%
Rented or Sold, Not Occupied73,8120.94%, see rank0.92%
For Seasonal, Recreational, or Occasional Use204,7682.61%, see rank3.97%
For Migrant Workers6460.01%, see rank0.03%
Other Vacant218,6722.79%, see rank4.00%

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

Year Structure Built

Median Built Year, #822
New York, Northern New Jersey, Long Island AreaU.S.
19571976

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, Northern New Jersey, Long Island Area%U.S.
Owner-Occupied Units3,694,231100%74,787,460
With a Mortgage2,485,08267.27%, see rank65.58%
Without a Mortgage1,209,14932.73%, see rank34.42%

*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, Northern New Jersey, Long Island Area
2,685 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNew York, Northern New Jersey, Long Island Area%U.S.
$299 or Less3,2060.13%, see rank0.20%
$300 to $49911,3390.46%, see rank1.59%
$500 to $69923,7540.96%, see rank5.01%
$700 to $99964,7202.60%, see rank14.32%
$1,000 to $1,499201,9678.13%, see rank27.90%
$1,500 to $1,999340,80313.71%, see rank20.35%
$2,000 to $2,999865,62034.83%, see rank19.52%
$3,000 or More973,67339.18%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New York, Northern New Jersey, Long Island Area
28.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New York, Northern New Jersey, Long Island Area%U.S.
10% or Less118,9434.79%, see rank5.86%
10% to 20%554,82422.33%, see rank31.95%
20% to 30%651,08826.20%, see rank27.64%
30% to 40%400,68416.12%, see rank13.74%
40% or More747,97930.10%, see rank20.29%

*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, Northern New Jersey, Long Island Area
1,001 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNew York, Northern New Jersey, Long Island Area%U.S.
$199 or Less52,4944.34%, see rank7.76%
$200 to $29926,0512.15%, see rank14.70%
$300 to $49980,2576.64%, see rank34.63%
$500 to $699141,50211.70%, see rank21.16%
$700 or More908,84575.16%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
New York, Northern New Jersey, Long Island Area
17.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 New York, Northern New Jersey, Long Island Area%U.S.
10% or Less312,55725.85%, see rank40.19%
10% to 20%362,98930.02%, see rank31.47%
20% to 30%188,14915.56%, see rank12.24%
30% to 40%106,3328.79%, see rank5.64%
40% or More225,97218.69%, see rank9.16%

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

Units in Structure

 New York, Northern New Jersey, Long Island Area%U.S.
Total Housing Units7,834,578100%132,741,033
1-unit, Detached2,903,41237.06%, see rank61.65%
1-unit, Attached512,4206.54%, see rank5.82%
2 Units858,56810.96%, see rank3.75%
3 or 4 Units623,4367.96%, see rank4.43%
5 to 9 Units426,0385.44%, see rank4.78%
10 or More Units2,469,54931.52%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.41,1550.53%, see rank6.49%

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

Rooms

 New York, Northern New Jersey, Long Island Area%U.S.
Total Housing Units7,834,578100%132,741,033
1 Room336,5564.30%, see rank1.95%
2 Rooms308,4363.94%, see rank2.48%
3 Rooms1,304,81316.65%, see rank9.13%
4 Rooms1,511,78919.30%, see rank16.60%
5 Rooms1,274,81716.27%, see rank20.41%
6 Rooms1,036,46813.23%, see rank18.06%
7 Rooms727,6749.29%, see rank12.27%
8 Rooms580,3617.41%, see rank8.48%
9 Rooms or More753,6649.62%, see rank10.60%
Median Rooms4.90, see rank-5.50

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

Bedrooms

 New York, Northern New Jersey, Long Island Area%U.S.
Total Housing Units7,834,578100%132,741,033
No Bedroom380,9524.86%, see rank2.17%
1 Bedroom1,680,75321.45%, see rank11.16%
2 Bedrooms2,138,31927.29%, see rank26.69%
3 Bedrooms2,183,14127.87%, see rank39.70%
4 Bedrooms1,065,27213.60%, see rank16.05%
5 or More Bedrooms386,1414.93%, see rank4.22%

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

House Heating Fuel

 New York, Northern New Jersey, Long Island Area%U.S.
Total Housing Units7,105,003100%116,211,092
Utility Gas4,357,98961.34%, see rank48.85%
Bottled, Tank, or LP Gas127,2031.79%, see rank4.86%
Electricity708,6199.97%, see rank36.68%
Fuel Oil, Kerosene, etc.1,774,01624.97%, see rank5.86%
Coal or Coke4,9030.07%, see rank0.12%
Wood24,3730.34%, see rank2.12%
Solar Energy2,0050.03%, see rank0.05%
Other Fuel53,4650.75%, see rank0.47%
No Fuel Used52,4300.74%, see rank1.00%

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

Gross Rent

Monthly RentalNew York, Northern New Jersey, Long Island Area%U.S.
Occupied Units Paying Rent3,310,269100%39,201,928
$199 or Less36,7911.11%, see rank1.50%
$200 to $299129,3333.91%, see rank3.18%
$300 to $499160,4624.85%, see rank7.37%
$500 to $699181,9295.50%, see rank16.01%
$700 to $999505,98115.29%, see rank29.17%
$1,000 to $1,4991,194,08036.07%, see rank26.88%
$1,500 to $1,999621,65518.78%, see rank9.79%
$2,000 or More480,03814.50%, see rank6.10%
Median$1,246, see rank-$920

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

Vehicle Available

 New York, Northern New Jersey, Long Island Area%U.S.
Occupied Housing Units7,105,003100%116,211,092
No Vehicles Available2,156,04330.35%, see rank9.12%
1 Vehicles Available2,286,29332.18%, see rank33.80%
2 Vehicles Available1,815,87125.56%, see rank37.48%
3 or More Vehicles Available846,79611.92%, see rank19.61%

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


 
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