Housing Insights for ZIP Code 10461 (Bronx, NY)

Housing Summary for ZIP Code 10461

Homeowners

The median home value in ZIP Code 10461 (Bronx, NY) is $471,600. Approximately 33.6% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.9%.

The average occupancy of owner-occupied units in ZIP Code 10461 is 3.04 occupants, while owner-occupied units have an aggregate average size of 1.96 bedrooms per housing unit.

Renters

In the 10461 ZIP Code, an estimated 66.4% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.7%.

Among renter-occupied units in this ZIP, the average occupancy is 2.34 occupants, while renters in this Bronx County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 10461

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10461.

ZIP 10461 New York U.S.
Median Home Value $471,600 $487,737 $356,002
Owner-Occupied Housing Units 33.6% 53.9% 64.0%
Homeowner Vacancy Rate 0.9% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.04 2.74 2.70
Average # of Bedrooms Per Unit 1.96 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 66.4% 46.1% 36.0%
Rental Vacancy Rate 2.7% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.34 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10461 (Bronx, NY)

The median home value in ZIP Code 10461 is $471,600. That median value is about 50% higher than the median home value of $313,700 in New York overall, and is 117% higher than the $217,500 the median home value in the entire U.S. About 44.8% of homes in ZIP Code 10461 are valued $300,000 to $499,999. That is 96% higher than in New York, in which 22.9% of homes are valued at $300,000 to $499,999, and is about 132% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 10461 homes fall into is $50,000 to $99,999 (1.5% of homes).

Home Values in ZIP Code 10461

This chart visualizes the breakdown of home values in ZIP Code 10461, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10461 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10461

See the table below for a regional comparison of home values in ZIP Code 10461.

Home Value ZIP 10461 New York U.S.
Less than $50,000 3.5% 4.4% 6.9%
$50,000 to $99,999 1.5% 9.9% 12.0%
$100,000 to $149,999 2.9% 10.8% 13.3%
$150,000 to $199,999 2.0% 9.6% 14.0%
$200,000 to $299,999 4.2% 13.6% 19.6%
$300,000 to $499,999 44.8% 22.9% 19.3%
$500,000 to $999,999 39.4% 21.2% 11.4%
$1,000,000 or more 1.7% 7.7% 3.4%

Home Ages in ZIP Code 10461 (Bronx, NY)

Approximately 35.7% of homes in this Bronx, NY region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 10461 is about 11% higher than percentage of homes built in this time period in New York overall (32.1% of homes), and is 183% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 17.5% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.2% of homes in this Bronx County ZIP Code were built in 2010 to 2013 in ZIP Code 10461. In comparison, 1.6% of homes in New York overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 10461

A detailed regional comparison of home ages in ZIP Code 10461.

Year Built ZIP 10461 New York U.S.
2014 or later 0.3% 1.1% 2.5%
2010 to 2013 0.2% 1.6% 2.7%
2000 to 2009 4.3% 6.3% 14.0%
1990 to 1999 2.2% 6.2% 13.9%
1980 to 1989 2.5% 7.5% 13.4%
1970 to 1979 6.4% 9.9% 15.2%
1960 to 1969 16.2% 12.5% 10.6%
1950 to 1959 17.5% 14.7% 10.3%
1940 to 1949 14.8% 8.1% 4.9%
1939 or earlier 35.7% 32.1% 12.6%

Age of Homes in ZIP Code 10461

See the chart below for details on the age of homes in ZIP Code 10461, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 10461

Frequently asked questions about housing in this Bronx, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10461.

1

What is the average home value ZIP Code 10461?

The median home value in ZIP Code 10461 (Bronx, NY) is $471,600.
2

Are homes expensive in ZIP Code 10461?

The median home value in 10461 ($471,600) is an estimated 50% higher than the aggregate median value of $313,700 in New York, and is 117% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 10461?

The vacacy rate for owner-occupied housing in ZIP Code 10461 is 0.9%. This rate is 47% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10461 vacancy rate is 44% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10461 have older homes or newer construction?

In ZIP Code 10461, about 35.7% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 17.5% of homes in the region were built in 1950 to 1959. In contrast, 0.2% of homes in 10461 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 10461? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 10461 than owner-occupied housing. Renter-occupied units make up 66.4% of housing, compared to 33.6% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 10461?

The vacacy rate for rental units in ZIP Code 10461 is 2.7%. This rate is 36% lower than the overall New York vacancy rate of 4.2%. Additionally, the 10461 vacancy rate is 55% lower than the entire U.S. vacancy rate of 6.0%.