10456, Bronx, NY

The 10456 zip code of Bronx, NY has a median home value of $161,000. This is lower than the citywide median home value of $223,000 and the state median home value of $177,500. The 10456 zip code also has a lower percentage of homeownership than the citywide and statewide percentages. Approximately 36% of households in the 10456 zip code own their homes, compared to 43% and 47%, respectively.

There are several factors that may contribute to the low home values in the 10456 zip code. One reason may be that this area is not as affluent as other parts of New York City or statewide. Additionally, there may be less demand for homes in this area because it is located within a high-crime area. Finally, many homeowners in this zip code may be underwater on their mortgages, which could lead to decreased demand for their homes.