The housing market in Deferiet, NY is quite strong. The median value for a home in Deferiet is $120,900 which is considerably lower than the national median value of $338,100. However, what makes Deferiet especially attractive to potential home buyers is its 1 year house appreciation rate of 9.27%, which is higher than the US average of 8.27%. This suggests that those who invest in homes here may have an even greater potential for returns in a shorter period of time than larger cities with more expensive home prices.
The median home cost in Deferiet is $120,900. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Deferiet is up 11.4%.
Average Age of Homes
- The median age of Deferiet real estate is 78 years old
The Rental Market in Deferiet
- Renters make up 38.8% of the Deferiet population
- 0.0% of houses and apartments in Deferiet, 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.