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Zip Code 10467

Bronx, NY • Bronx County

Real Estate Market Analysis

Q3 2025 Report
$325,000 (list price, April 2025)
Median Home Value
~80,000 (2020 Census, stable to slight growth)
Population
$41,000 (estimate, 2024)
Median Income
Below NYC average (GreatSchools: 3–5/10)
School District Rating

Market Statistics

Property Values

$325,000 (list price, April 2025)
Median Home Value
Approx. $2,000–$2,400/month (estimate, based on Bronx averages)
Median Rent
$229 (April 2025)
Price per Sq Ft

Market Performance

Home Appreciation-5.8% YoY (April 2025)
Market Velocity98 homes for sale in May 2025, up 4.3% MoM; average days on market: 1007 (notably high, likely an outlier or data error)[1][3]
Foreclosure RateNot specified; Bronx County rates generally above NYC average

Area Information

Area SizeApprox. 1.5 sq mi
CountyBronx
Primary CityBronx

Housing Profile

Housing Statistics

Total Housing UnitsEstimated 35,000+ (Bronx Community District data)
Owner Occupied~18% (Bronx average, 10467 is predominantly rental)
Rental Properties~80%+
Vacant UnitsApprox. 5% (Bronx average)
New ConstructionLimited; most housing stock is pre-war or mid-century multifamily

Housing Types

Multifamily walk-upsPre-war apartment buildingsCo-opsSome single- and two-family homes

Demographics

~80,000 (2020 Census, stable to slight growth)
Population
34
Median Age
$41,000 (estimate, 2024)
Median Income
~92% (Bronx unemployment ~8%)
Employment Rate
High school grad or higher: ~70%; Bachelor’s or higher: ~15%
Education Levels
Large share of families with children; multigenerational households common
Family Composition

Education Quality

School District Performance

Below NYC average (GreatSchools: 3–5/10)
District Rating
School DistrictNYC District 11
Test ScoresBelow citywide average; some improvement in select schools
Graduation Rates~70% (District 11, 2024)

Schools in Area

  • PS 41 Gun Hill Road
  • PS 76 The Bennington School
  • MS 113 Richard R. Green
  • Evander Childs Educational Campus

Economic Factors

Employment & Business

Job GrowthModest, steady with healthcare and retail as anchors
Unemployment Rate~8% (Bronx, 2025)
Business EnvironmentPrimarily small businesses, retail, and service sector
Commercial ActivityActive along major corridors (White Plains Rd, Gun Hill Rd)

Major Employers

  • Montefiore Medical Center
  • NYC Department of Education
  • Retail (Gun Hill Rd corridor)

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • 2/5 subway lines (Gun Hill Rd, Burke Ave)
  • • Metro-North (Williams Bridge)
  • • Multiple MTA bus routes
  • • Bronx River Parkway, I-95

Utilities & Services

  • • Con Edison (electric/gas)
  • • NYC Water/Sewer
  • • Multiple internet/cable providers

Quality of Life

Safety & Environment

Above NYC average; property and violent crime rates higher than citywide median, but trending downward since 2022

Urban, moderate air quality; proximity to Bronx Park is a plus

Healthcare Access

  • • Montefiore Medical Center
  • • North Central Bronx Hospital

Development Trends

Planned Developments

  • Affordable housing renovations
  • Retail upgrades along White Plains Rd

Infrastructure Projects

  • • MTA accessibility upgrades
  • • Street safety improvements

Investment Outlook

Growth Outlook

Stable, with slow appreciation and steady rental demand

Investment Opportunities

  • • Value-add multifamily
  • • Affordable housing tax credits
  • • Retail storefront repositioning

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Investors (multifamily)
  • Renters seeking value
  • Multigenerational families

Competitive Advantages

  • Lower entry price vs. most of NYC
  • High rental demand
  • Transit access

Pricing Strategies

Competitive pricing below city median; incentives for buyers (closing cost credits, rent-to-own options)

Common Objections & Response Strategies

Objection: Perceived high crime rates

Response Strategy:

Provide recent NYPD data showing downward trends and highlight community policing initiatives

Objection: Older housing stock/maintenance concerns

Response Strategy:

Emphasize recent renovations, building upgrades, and lower price points

Objection: School quality concerns

Response Strategy:

Highlight improving metrics, after-school programs, and proximity to specialized schools

Professional Recommendations

1

Focus on value and rental demand in marketing

2

Educate buyers on co-op/condo processes

3

Highlight transit and healthcare proximity

4

Leverage local lender and renovation resources

5

Network with local property managers for investor leads

Competitive Analysis

Comparable Markets

  • 10468 (Kingsbridge Heights)
  • 10458 (Belmont/Fordham)
  • 10469 (Baychester)

Market Positioning

Entry-level and investor-friendly; not luxury

Competitive Advantages

  • Lower median price per sq ft
  • Better transit access than some Bronx zip codes

Price Comparison

10467 median list price ($325K) is below Bronx median ($610K) and Bronxwood ($720K)[2][3][4]

Investment Metrics

5–6% (multifamily, 2025 estimate)
Cap Rates
5–6% gross yield
Rental Yields
~12–14 (favorable for investors)
Price-to-Rent
Strong for buy-and-hold multifamily
Cash Flow
Flat to +2% annually
Appreciation

Buyer Journey Insights

First-Time Buyers

Affordable entry, may need education on co-op/condo processes; FHA/VA options available

Move-Up Buyers

Limited options; may seek larger multifamily or new construction

Downsizers

Few luxury or senior-specific options; some co-ops suitable

Investors

Strong rental demand, value-add potential, stable cash flow

Relocators

Appealing for those prioritizing transit and affordability

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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