Danby, NY is an area known for its relatively affordable housing. The median house value is currently $311,600, which is significantly lower than the US median house value of $338,100. Despite this difference in price points, Danby has seen a strong appreciation in house values over the last year with a growth rate of 7.42%. Although this is slightly lower than the national average of 8.27%, it still shows that Danby's housing market has been on the rise. Overall, Danby is an area with great potential for investment in real estate.
The median home cost in Danby is $311,600. Home appreciation the last 10 years has been 52.3%. Home Appreciation in Danby is up 12.9%.
Average Age of Homes
- The median age of Danby real estate is 42 years old
The Rental Market in Danby
- Renters make up 9.4% of the Danby population
- 0.0% of houses and apartments in Danby, 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.