New York State is well known for its high housing prices. The Big Apple has some of the most expensive single-family home costs in the United States.
To identify the most expensive housing markets in New York State, the 24/7 Wall St. finance portal reviewed data from the 2019 U.S. Census Bureau American Community Survey, taking into counts only the 346 census-designated places, cities, and towns that have at least 5,000 residents in New York.
If you think that the most expensive homes are found only in New York City, you are wrong. A typical mid-level home in the city’s five boroughs is currently estimated to be priced at $ 660,230.
Next, we share 5 of the most expensive cities in the state to buy a house.
5 – Old Westbury
This villa has homes with an average value of $ 1,856,900. 96.5% of the houses on this site have a minimum cost of $ 500,000 dollars. Households have a median income of $ 220,048 a year.
4 – Brookville
The median value of residences on this site is $ 1,952,900. Here, 97.8% of the houses are worth more than $ 500,000. The average income each family has is $ 250,000 a year.
3 – Plandome
This villa has homes with an average value of $ 2 million dollars, and the minimum value of 100% of the houses is more than $ 500,000 dollars. The median household income in this area is $ 250,000.
2 – Matinecock
The median home value in this city is $ 2 million and 97.7% of homes cost at least $ 500,000. The median family income is $ 179,479.
1 – Kings Point
Median home value in this community is $ 2 million. 95.9% of the homes on this site have a minimum value of $ 500,000. The median household income in this area is $ 145,476.
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