The housing market in Larchmont, NY is an expensive one. The median housing value is $1,408,000 which is much higher than the median value for the rest of the US at $338,100. With a 1 year house appreciation of 7.98%, it falls slightly behind the US average of 8.27%. Despite this small difference in appreciation rates, Larchmont's obvious wealth and attractiveness to buyers continues to make it a desirable location for prospective homebuyers.
The median home cost in Larchmont is $1,408,000. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Larchmont is up 10.6%.
Average Age of Homes
- The median age of Larchmont real estate is 78 years old
The Rental Market in Larchmont
- Renters make up 25.2% of the Larchmont population
- 0.0% of houses and apartments in Larchmont, 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.