The housing market in Beacon, NY is thriving, with a median house value of $426,700 compared to the US median of $338,100. This demonstrates an increase of 10.37% in value over the past year, which is higher than the national appreciation rate of 8.27%. This indicates that investment in the local housing market has been a great success and is sure to keep increasing in value as the demand for homes surges.
The median home cost in Beacon is $426,700. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Beacon is up 14.0%.
Average Age of Homes
- The median age of Beacon real estate is 67 years old
The Rental Market in Beacon
- Renters make up 45.6% of the Beacon population
- 3.4% of houses and apartments in Beacon, 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.