The housing market in Cattaraugus, NY County is strong and stable. The median value of homes is $131,600, which is significantly lower than the US median value of $338,100. Despite the lower median value, Cattaraugus has seen higher house appreciation over the last year compared to the nation at large, with a rate of 11.37% versus 8.27%. This indicates that housing prices in the area are increasing rapidly and could be an attractive option for potential buyers looking for a good value on their next home purchase.
The median home cost in Cattaraugus County is $131,600. Home appreciation the last 10 years has been 70.3%. Home Appreciation in Cattaraugus County is up 14.5%.
Average Age of Homes
- The median age of Cattaraugus County real estate is 58 years old
The Rental Market in Cattaraugus County
- Renters make up 21.9% of the Cattaraugus County population
- 1.5% of houses and apartments in Cattaraugus County, 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.