Welcome to our 11378 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 11378 in New York, NY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in QUEENS 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: 11378
- City: New York
- State: NY
- Metro Area: New York-Newark-Jersey City, NY-NJ-PA
- County Name: QUEENS COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $743,387
- Average Home Price (Single Family Homes): $791,379
- Average Monthly Rental Price (All Types): $2,556
- Price-to-Rent Ratio: 24
- Zillow Projected % appreciation from 4/2023-4/2024: -0.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,690
- Average 3 Bedroom Section 8 Rental Rates: $3,380
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.03
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 18.33
- Number of Units Offered in Section 8 in the County: 9525
- Number of Occupied Units in Section 8 in the County: 9120
- Percentage of Section 8 Units Occupied in the County: 95.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 326.46
- Total % Appreciation since 2000 (Government Data): 229.14
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.91%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 0.33%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.24%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 18.63%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 93.23%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.21%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 175.12%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.52%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 21.2%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%