The housing in Bellmore, NY is expensive compared to the US median house value. The median home value in Bellmore, NY is $675,600—nearly double the US House Median Value of $338,100. In addition to this, the US 1 year house appreciation rate was 8.27%, while the rate for Bellmore was even higher at 9.97%. This indicates that not only are homes in Bellmore substantially more expensive than elsewhere in the US, but that their values are increasing faster as well.
The median home cost in Bellmore is $675,600. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Bellmore is up 13.1%.
Average Age of Homes
- The median age of Bellmore real estate is 62 years old
The Rental Market in Bellmore
- Renters make up 9.3% of the Bellmore population
- 1.4% of houses and apartments in Bellmore, 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.