Elwood, NY is a great place to consider buying a home. The median value of housing in the area is $664,600, much higher than the US median of $338,100. In addition, the one-year appreciation rate for homes in Elwood, NY is 9.97%, which is significantly higher than the national one-year appreciation rate of 8.27%. This makes Elwood an attractive option for potential homeowners looking to invest in their future.
The median home cost in Elwood is $664,600. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Elwood is up 13.1%.
Average Age of Homes
- The median age of Elwood real estate is 53 years old
The Rental Market in Elwood
- Renters make up 6.0% of the Elwood population
- 0.7% of houses and apartments in Elwood, 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.