The housing market in the Malone, NY Metro Area is quite healthy. The median value for housing in the area is $162,800 which is significantly lower than the US median of $338,100. Homeowners can be encouraged by the fact that house appreciation rates have increased by 9.31% over the past year compared to 8.27% across the country as a whole. With a strong employment base and an increasingly attractive living environment, it looks like Malone will remain a great place to call home for years to come.
The median home cost in Malone Metro Area is $162,800. Home appreciation the last 10 years has been 62.4%. Home Appreciation in Malone Metro Area is up 14.4%.
Average Age of Homes
- The median age of Malone Metro Area real estate is 53 years old
The Rental Market in Malone Metro Area
- Renters make up 21.4% of the Malone Metro Area population
- 0.8% of houses and apartments in Malone Metro Area, 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.