The housing market in Duane Lake, NY is doing very well. The median home value currently stands at $357,500, which is higher than the US median of $338,100. Furthermore, over the past year there has been an appreciation of 9.88%, which is higher than the US 1 year appreciation rate of 8.27%. This indicates that people are investing in homes in the region and that property values are on the rise. This trend could be a great opportunity for potential buyers looking to get into a growing market.
The median home cost in Duane Lake is $357,500. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Duane Lake is up 11.8%.
Average Age of Homes
- The median age of Duane Lake real estate is 60 years old
The Rental Market in Duane Lake
- Renters make up 0.0% of the Duane Lake population
- 0.0% of houses and apartments in Duane Lake, 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.