The housing in Busti, NY is quite impressive. The median value of a house in the area is $221,400 - significantly lower than the US median value of $338,100. Despite this difference in value, however, Busti still manages to have an impressive 1 year house appreciation rate of 12.09%, which is higher than the US's 8.27%. This suggests that Busti's housing market has been performing better than the national average over the last several months. All in all, it appears to be a good time to invest in Busti's real estate market.
The median home cost in Busti is $221,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Busti is up 14.6%.
Average Age of Homes
- The median age of Busti real estate is 58 years old
The Rental Market in Busti
- Renters make up 17.5% of the Busti population
- 2.2% of houses and apartments in Busti, 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.