Housing Insights for ZIP Code 10524 (Garrison, NY)

Housing Summary for ZIP Code 10524

Homeowners

The median home value in ZIP Code 10524 (Garrison, NY) is $474,700. Approximately 89.9% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.8%.

The average occupancy of owner-occupied units in ZIP Code 10524 is 2.84 occupants, while owner-occupied units have an aggregate average size of 3.19 bedrooms per housing unit.

Renters

In the 10524 ZIP Code, an estimated 10.1% 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 2.71 occupants, while renters in this Putnam County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 10524

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10524.

ZIP 10524 New York U.S.
Median Home Value $474,700 $487,737 $356,002
Owner-Occupied Housing Units 89.9% 53.9% 64.0%
Homeowner Vacancy Rate 1.8% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.84 2.74 2.70
Average # of Bedrooms Per Unit 3.19 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 10.1% 46.1% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.71 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10524 (Garrison, NY)

The median home value in ZIP Code 10524 is $474,700. That median value is about 51% higher than the median home value of $313,700 in New York overall, and is 118% higher than the $217,500 the median home value in the entire U.S. About 35.8% of homes in ZIP Code 10524 are valued $300,000 to $499,999. That is 56% higher than in the state of New York, in which 22.9% of homes are valued at $300,000 to $499,999, and is about 85% 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 10524 homes fall into is $100,000 to $149,999 (0.0% of homes).

Home Values in ZIP Code 10524

This chart visualizes the breakdown of home values in ZIP Code 10524, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10524 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10524

See the table below for a regional comparison of home values in ZIP Code 10524.

Home Value ZIP 10524 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 0.5% 9.6% 14.0%
$200,000 to $299,999 15.6% 13.6% 19.6%
$300,000 to $499,999 35.8% 22.9% 19.3%
$500,000 to $999,999 29.5% 21.2% 11.4%
$1,000,000 or more 18.6% 7.7% 3.4%

Home Ages in ZIP Code 10524 (Garrison, NY)

Approximately 17.5% of homes in this Garrison, NY region were built in 1970 to 1979. This amount of homes built in 1970 to 1979 in ZIP Code 10524 is about 77% higher than percentage of homes built in this time period in New York overall (9.9% of homes), and is 15% higher the percentage (15.2% of homes) in the U.S. as a whole. Additionally, an esimated 17.5% of local homes were built in 1939 or earlier. On the other end of the scale, just 0.7% of homes in this Putnam County ZIP Code were built in 2010 to 2013 in ZIP Code 10524. 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 10524

A detailed regional comparison of home ages in ZIP Code 10524.

Year Built ZIP 10524 New York U.S.
2014 or later 1.1% 1.1% 2.5%
2010 to 2013 0.7% 1.6% 2.7%
2000 to 2009 5.9% 6.3% 14.0%
1990 to 1999 5.5% 6.2% 13.9%
1980 to 1989 12.3% 7.5% 13.4%
1970 to 1979 17.5% 9.9% 15.2%
1960 to 1969 16.5% 12.5% 10.6%
1950 to 1959 17.2% 14.7% 10.3%
1940 to 1949 5.8% 8.1% 4.9%
1939 or earlier 17.5% 32.1% 12.6%

Age of Homes in ZIP Code 10524

See the chart below for details on the age of homes in ZIP Code 10524, 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 10524

Frequently asked questions about housing in this Garrison, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10524.

1

What is the average home value ZIP Code 10524?

The median home value in ZIP Code 10524 (Garrison, NY) is $474,700.
2

Are homes expensive in ZIP Code 10524?

The median home value in 10524 ($474,700) is an estimated 51% higher than the aggregate median value of $313,700 in New York, and is 118% 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 10524?

The vacacy rate for owner-occupied housing in ZIP Code 10524 is 1.8%. This rate is 6% higher than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10524 vacancy rate is 13% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10524 have older homes or newer construction?

In ZIP Code 10524, about 17.5% of homes were built in 1970 to 1979. That time range includes the most home construction. Also, 17.5% of homes in the region were built in 1939 or earlier. In contrast, 0.7% of homes in 10524 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 10524? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 10524 than renter-occupied housing. Owner-occupied units make up 89.9% of housing, compared to 10.1% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 10524?

The vacacy rate for rental units in ZIP Code 10524 is 0.0%. This rate is 100% lower than the overall New York vacancy rate of 4.2%. Additionally, the 10524 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.