Housing in Colonie, NY is thriving. The median value of a home in the area is $336,900, slightly below the US median of $338,100. Despite this, the housing market has been growing rapidly with a one year house appreciation rate of 10.10%, which is higher than the US average of 8.27%. This strong appreciation rate shows that Colonie is an attractive place to live and invest in real estate.
The median home cost in Colonie is $336,900. Home appreciation the last 10 years has been 49.7%. Home Appreciation in Colonie is up 11.4%.
Average Age of Homes
- The median age of Colonie real estate is 49 years old
The Rental Market in Colonie
- Renters make up 26.4% of the Colonie population
- 1.0% of houses and apartments in Colonie, 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.