Housing Insights for ZIP Code 10504 (Armonk, NY)

Housing Summary for ZIP Code 10504

Homeowners

The median home value in ZIP Code 10504 (Armonk, NY) is $981,800. Approximately 91.0% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.1%.

The average occupancy of owner-occupied units in ZIP Code 10504 is 3.00 occupants, while owner-occupied units have an aggregate average size of 3.89 bedrooms per housing unit.

Renters

In the 10504 ZIP Code, an estimated 9.0% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.77 occupants, while renters in this Westchester County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 10504

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10504.

ZIP 10504 New York U.S.
Median Home Value $981,800 $475,965 $356,002
Owner-Occupied Housing Units 91.0% 53.9% 64.0%
Homeowner Vacancy Rate 1.1% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.00 2.74 2.70
Average # of Bedrooms Per Unit 3.89 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 9.0% 46.1% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.77 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10504 (Armonk, NY)

The median home value in ZIP Code 10504 is $981,800. That median value is about 213% higher than the median home value of $313,700 in New York overall, and is 351% higher than the $217,500 the median home value in the entire U.S. About 47.9% of homes in ZIP Code 10504 are valued $1,000,000 or more. That is 522% higher than in the state of New York, in which 7.7% of homes are valued at $1,000,000 or more, and is about 1309% higher than in the U.S. overall (3.4% of homes valued at $1,000,000 or more). The home value range that the smallest portion of ZIP Code 10504 homes fall into is $200,000 to $299,999 (0.0% of homes).

Home Values in ZIP Code 10504

This chart visualizes the breakdown of home values in ZIP Code 10504, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10504 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10504

See the table below for a regional comparison of home values in ZIP Code 10504.

Home Value ZIP 10504 New York U.S.
Less than $50,000 0.0% 4.4% 6.9%
$50,000 to $99,999 0.3% 9.9% 12.0%
$100,000 to $149,999 0.0% 10.8% 13.3%
$150,000 to $199,999 3.1% 9.6% 14.0%
$200,000 to $299,999 0.0% 13.6% 19.6%
$300,000 to $499,999 2.7% 22.9% 19.3%
$500,000 to $999,999 46.0% 21.2% 11.4%
$1,000,000 or more 47.9% 7.7% 3.4%

Home Ages in ZIP Code 10504 (Armonk, NY)

Approximately 16.8% of homes in this Armonk, NY region were built in 1960 to 1969. This amount of homes built in 1960 to 1969 in ZIP Code 10504 is about 34% higher than percentage of homes built in this time period in New York overall (12.5% of homes), and is 58% higher the percentage (10.6% of homes) in the U.S. as a whole. Additionally, an esimated 16.7% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.8% of homes in this Westchester County ZIP Code were built in 2010 to 2013 in ZIP Code 10504. 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 10504

A detailed regional comparison of home ages in ZIP Code 10504.

Year Built ZIP 10504 New York U.S.
2014 or later 2.7% 1.1% 2.5%
2010 to 2013 0.8% 1.6% 2.7%
2000 to 2009 13.0% 6.3% 14.0%
1990 to 1999 15.1% 6.2% 13.9%
1980 to 1989 8.9% 7.5% 13.4%
1970 to 1979 9.1% 9.9% 15.2%
1960 to 1969 16.8% 12.5% 10.6%
1950 to 1959 16.7% 14.7% 10.3%
1940 to 1949 4.0% 8.1% 4.9%
1939 or earlier 12.8% 32.1% 12.6%

Age of Homes in ZIP Code 10504

See the chart below for details on the age of homes in ZIP Code 10504, 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 10504

Frequently asked questions about housing in this Armonk, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10504.

1

What is the average home value ZIP Code 10504?

The median home value in ZIP Code 10504 (Armonk, NY) is $981,800.
2

Are homes expensive in ZIP Code 10504?

The median home value in 10504 ($981,800) is an estimated 213% higher than the aggregate median value of $313,700 in New York, and is 351% 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 10504?

The vacacy rate for owner-occupied housing in ZIP Code 10504 is 1.1%. This rate is 35% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10504 vacancy rate is 31% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10504 have older homes or newer construction?

In ZIP Code 10504, about 16.8% of homes were built in 1960 to 1969. That time range includes the most home construction. Also, 16.7% of homes in the region were built in 1950 to 1959. In contrast, 0.8% of homes in 10504 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 10504? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 10504 than renter-occupied housing. Owner-occupied units make up 91.0% of housing, compared to 9.0% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 10504?

The vacacy rate for rental units in ZIP Code 10504 is 0.0%. This rate is 100% lower than the overall New York vacancy rate of 4.2%. Additionally, the 10504 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.