October's First-Time Homebuyer Report for Thornwood

Thornwood is younger than the rest of New York, with a median age of 42. It's very affluent as well, with a median income of $98,465 per household. Detached homes account for 100% of the area's current housing market. The best school in the city is Pound Ridge Elementary School.

Culture

If you're into the outdoors, one of the greatest attractions in Thornwood is James Carroll Park, according to Foursquare. If you're looking for a good dining experience, some favorites are Lucky Buddha, Thornwood Coach Diner, and Casa Rina. And finally, Garfield's Tavern is a frequently visited spot to get a drink.

Price Range

The median value of homes in Thornwood is $534,500, making it one of the most valuable areas in New York. At the same time, the average list price of available homes is presently $782,792.

Curious as to which homes have been getting the most attention in Thornwood? These listings have stirred up interest and produced the most views:

$525K   $549K   $850K  

Typical Dwelling

The typical dwelling in Thornwood is a three-bedroom detached home worth about $639,076. To purchase a similar home, a buyer with good credit and a $127,815 cash down payment could obtain a mortgage with a 3.95% interest rate and a $581 monthly payment. The property tax rate is $20.95 per $1,000 of taxable assessed value.

Get started right now by checking out Thornwood homes for sale or reviewing Thornwood real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Homesnap
Houlihan Lawrence
Snapped 4 homes in this area
Rising Star Realty & Property Management, Inc.
Snapped 1 home in this area

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