Tompkins County, NY Housing

The housing market in Tompkins, NY County is thriving. The median housing value is $299,500, which is much lower than the US House median of $338,100. On top of that, the house appreciation rate in Tompkins County during the past year has been 14.03%, a full 5.76% higher than the nation-wide appreciation rate of 8.27%. This means that investment in Tompkins County real estate is highly attractive right now and will likely continue to be profitable for the foreseeable future.

The median home cost in Tompkins County is $299,500. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Tompkins County is up 12.7%.

Average Age of Homes

- The median age of Tompkins County real estate is 45 years old

The Rental Market in Tompkins County

- Renters make up 40.3% of the Tompkins County population
- 1.3% of houses and apartments in Tompkins 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Tompkins, New York	United States
	46,046.0	139,647,020.0
	48	42
	$299,500	$338,100
	12.7%	16.6%
	40.1%	57.0%
	54.0%	101.1%
	$25.17	$10.98
	$5,761	$2,690
	50.5%	57.4%
	6.9%	11.2%
	42.7%	31.4%
Vacant Housing
	1.3%	1.9%
	1.4%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	1.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.8%	2.4%
	1.4%	2.8%
	1.8%	3.9%
	3.0%	4.5%
	11.3%	11.3%
	18.4%	13.0%
	28.4%	20.1%
	15.7%	13.6%
	7.4%	8.3%
	5.2%	9.7%
	1.5%	3.9%
	0.6%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	13.2%	13.6%
	12.4%	13.2%
	12.7%	14.8%
	13.2%	13.6%
	8.7%	10.0%
	3.1%	4.7%
	24.0%	12.2%

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