The housing market in Alden, NY is very strong. The median housing value is $289,700, which is lower than the US median housing value of $338,100. Despite having a lower median value than the US average, Alden’s one year house appreciation rate of 10.81% is higher than the US one year house appreciation rate of 8.27%. This demonstrates that the housing market in Alden, NY is thriving and offers a great opportunity to buy or invest in real estate in the area. Investing in Alden could be a wise decision for those looking to get into the property market.
The median home cost in Alden is $289,700. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Alden is up 13.0%.
Average Age of Homes
- The median age of Alden real estate is 55 years old
The Rental Market in Alden
- Renters make up 20.4% of the Alden population
- 0.0% of houses and apartments in Alden, 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.