Ridge, NY is a great place to invest in housing. The median value of houses in Ridge is $403,500, which is substantially higher than the national median value of $338,100. Additionally, the one year house appreciation in Ridge was 12.86%, almost 4% points higher than the national 1 year appreciation rate of 8.27%. For those looking to invest in housing, Ridge makes a great choice for its relatively high values and impressive returns on investments.
The median home cost in Ridge is $403,500. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Ridge is up 15.9%.
Average Age of Homes
- The median age of Ridge real estate is 39 years old
The Rental Market in Ridge
- Renters make up 12.9% of the Ridge population
- 0.4% of houses and apartments in Ridge, 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.