Housing Insights for ZIP Code 10505 (Baldwin Place, NY)

Housing Summary for ZIP Code 10505

Homeowners

The median home value in ZIP Code 10505 (Baldwin Place, NY) is $706,700. Approximately 53.0% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 10505 is 3.68 occupants, while owner-occupied units have an aggregate average size of 2.97 bedrooms per housing unit.

Renters

In the 10505 ZIP Code, an estimated 47.0% 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 2.09 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 10505

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10505.

ZIP 10505 New York U.S.
Median Home Value $706,700 $487,737 $356,002
Owner-Occupied Housing Units 53.0% 53.9% 64.0%
Homeowner Vacancy Rate 0.0% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.68 2.74 2.70
Average # of Bedrooms Per Unit 2.97 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 47.0% 46.1% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.09 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10505 (Baldwin Place, NY)

The median home value in ZIP Code 10505 is $706,700. That median value is about 125% higher than the median home value of $313,700 in New York overall, and is 225% higher than the $217,500 the median home value in the entire U.S. About 92.8% of homes in ZIP Code 10505 are valued $500,000 to $999,999. That is 338% higher than in the state of New York, in which 21.2% of homes are valued at $500,000 to $999,999, and is about 714% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 10505 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 10505

This chart visualizes the breakdown of home values in ZIP Code 10505, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10505 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10505

See the table below for a regional comparison of home values in ZIP Code 10505.

Home Value ZIP 10505 New York U.S.
Less than $50,000 0.0% 4.4% 6.9%
$50,000 to $99,999 0.0% 9.9% 12.0%
$100,000 to $149,999 0.0% 10.8% 13.3%
$150,000 to $199,999 0.0% 9.6% 14.0%
$200,000 to $299,999 0.0% 13.6% 19.6%
$300,000 to $499,999 7.2% 22.9% 19.3%
$500,000 to $999,999 92.8% 21.2% 11.4%
$1,000,000 or more 0.0% 7.7% 3.4%

Home Ages in ZIP Code 10505 (Baldwin Place, NY)

Approximately 52.4% of homes in this Baldwin Place, NY region were built in 2000 to 2009. This amount of homes built in 2000 to 2009 in ZIP Code 10505 is about 732% higher than percentage of homes built in this time period in New York overall (6.3% of homes), and is 274% higher the percentage (14.0% of homes) in the U.S. as a whole. Additionally, an esimated 12.5% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.0% of homes in this Westchester County ZIP Code were built in 1940 to 1949 in ZIP Code 10505. In comparison, 8.1% of homes in New York overall were built in 1940 to 1949, while 4.9% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 10505

A detailed regional comparison of home ages in ZIP Code 10505.

Year Built ZIP 10505 New York U.S.
2014 or later 10.9% 1.1% 2.5%
2010 to 2013 4.1% 1.6% 2.7%
2000 to 2009 52.4% 6.3% 14.0%
1990 to 1999 12.5% 6.2% 13.9%
1980 to 1989 0.8% 7.5% 13.4%
1970 to 1979 6.3% 9.9% 15.2%
1960 to 1969 1.6% 12.5% 10.6%
1950 to 1959 6.0% 14.7% 10.3%
1940 to 1949 0.0% 8.1% 4.9%
1939 or earlier 5.4% 32.1% 12.6%

Age of Homes in ZIP Code 10505

See the chart below for details on the age of homes in ZIP Code 10505, 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 10505

Frequently asked questions about housing in this Baldwin Place, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10505.

1

What is the average home value ZIP Code 10505?

The median home value in ZIP Code 10505 (Baldwin Place, NY) is $706,700.
2

Are homes expensive in ZIP Code 10505?

The median home value in 10505 ($706,700) is an estimated 125% higher than the aggregate median value of $313,700 in New York, and is 225% 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 10505?

The vacacy rate for owner-occupied housing in ZIP Code 10505 is 0.0%. This rate is 100% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10505 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10505 have older homes or newer construction?

In ZIP Code 10505, about 52.4% of homes were built in 2000 to 2009. That time range includes the most home construction. Also, 12.5% of homes in the region were built in 1990 to 1999. In contrast, 0.0% of homes in 10505 were built in 1940 to 1949.
5

What is the housing breakdown in ZIP Code 10505? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 10505 than renter-occupied housing. Owner-occupied units make up 53.0% of housing, compared to 47.0% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 10505?

The vacacy rate for rental units in ZIP Code 10505 is 0.0%. This rate is 100% lower than the overall New York vacancy rate of 4.2%. Additionally, the 10505 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.