10033, New York, NY

The 10033 zip code of New York, NY is home to a number of high-priced homes. The median home value in this zip code is $1,039,000, which is more than double the national median home value of $217,500. In addition to being expensive, the homes in this zip code are also relatively new. The average age of the homes in this zip code is just over 10 years old.

Despite being expensive and new, the 10033 zip code does not have an especially high rate of homeownership. Just over half (54%) of households in this zip code own their homes outright, while another 34% are owned by someone else through a mortgage or other form of loan. This low rate of homeownership may be due to the high cost of housing or the fact that many people may be waiting to buy a home until prices have decreased somewhat from their current levels.

Despite its high price tag and young age, there are some good reasons to consider buying a home in the 10033 zip code. First and foremost, it's one of the most affluent areas in New York City and has plenty of amenities and opportunities available for residents. Second, despite being new construction there are already many families living in these homes – meaning that if you're looking for a place to raise your family there's a good chance you'll find it here. Finally, because so few households own their homes outright in this area there's plenty of opportunity for investors looking to purchase property on the cheap and turn it into something valuable over time.