Welcome to our 11218 real estate data hub, tailored for investors in New York, NY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 11218 in New York, NY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KINGS COUNTY.
Leverage our comprehensive, zip code-specific data to excel in New York, NY real estate investing. Uncover the wealth of information available, and position yourself for success in the New York property market.
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Location Overview
- Zip Code: 11218
- City: New York
- State: NY
- Metro Area: New York-Newark-Jersey City, NY-NJ-PA
- County Name: KINGS COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $606,668
- Average Home Price (Single Family Homes): $1,458,554
- Average Monthly Rental Price (All Types): $2,634
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,720
- Average 3 Bedroom Section 8 Rental Rates: $3,420
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.59
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.78
- Number of Units Offered in Section 8 in the County: 39044
- Number of Occupied Units in Section 8 in the County: 37326
- Percentage of Section 8 Units Occupied in the County: 95.59999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 473.53
- Total % Appreciation since 2000 (Government Data): 280.86
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.37%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -4.22%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.9%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 16.85%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 105.98%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 100.83%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 214.75%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.47%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.19%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.17%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 17.13%