Canandaigua, NY is a great place to consider for buying a home due to its attractive housing market. The median value of a house in Canandaigua, NY is $197,400 which is significantly lower than the US median house value of $338,100. The US saw a 1 year appreciation rate of 8.27%, while Canandaigua had an even higher appreciation rate at 11.08%. This means that not only is it more affordable to purchase real estate here but it also has strong potential for future growth. This makes now an ideal time to invest into the housing market and take advantage of these benefits.
The median home cost in Canandaigua is $197,400. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Canandaigua is up 11.7%.
Average Age of Homes
- The median age of Canandaigua real estate is 66 years old
The Rental Market in Canandaigua
- Renters make up 41.4% of the Canandaigua population
- 4.0% of houses and apartments in Canandaigua, 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.