As housing demand has risen along the Bronx’s Grand Concourse, so have prices, The Real Deal reports. A recent analysis by real estate database PropertyShark found that the median home sales price along the boulevard surged 68 percent between 2014 and 2018. In addition to being a gateway to the Bronx from Manhattan, the area has its own cultural scene and history (it’s home to Yankee Stadium).

Investment activity picked up after 2015, with more than 700 affordable and market-rate units coming online during the next two years.

The Grand Concourse’s strategic location has also helped the thoroughfare recruit new residents who have been priced out of other boroughs. In Mott Haven, just north of Manhattan, the median home sales price surged 124 percent within the past five years, to almost $450,000 in 2018, nearly double the Bronx’s $292,250 median price (source: The Real Deal).