The housing market in Black River, NY is a great option for those looking to buy a home. The median value of homes in the area is $207,000, significantly lower than the US median of $338,100. This past year, the appreciation rate for houses in Black River was 9.27%, outpacing the US average of 8.27%. This suggests that now is an excellent time to invest in real estate in the area and could yield great returns over time.
The median home cost in Black River is $207,000. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Black River is up 11.4%.
Average Age of Homes
- The median age of Black River real estate is 62 years old
The Rental Market in Black River
- Renters make up 25.3% of the Black River population
- 0.0% of houses and apartments in Black River, 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.