The housing market in Fort Drum, NY is quite attractive compared to the national average. The median value of homes in Fort Drum is $183,000, which is much lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Fort Drum was 9.27%, higher than the US 1 year House Appreciation rate of 8.27%. This indicates that the housing market in Fort Drum may be a good investment for those looking to buy a home in the area and suggests that property values should continue to grow over time.
The median home cost in Fort Drum is $183,000. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Fort Drum is up 11.4%.
Average Age of Homes
- The median age of Fort Drum real estate is 19 years old
The Rental Market in Fort Drum
- Renters make up 96.5% of the Fort Drum population
- 6.7% of houses and apartments in Fort Drum, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.