Forestburgh, NY is a great place to invest in real estate. The median value of housing in the area is $393,300, which is higher than the US median value of $338,100. In addition to its attractive price point, Forestburgh also has enjoyed a robust rate of appreciation year-over-year at 12.09%, significantly higher than the US average of 8.27%. Investing in housing in Forestburgh can be a great way to make a sound return on investment for potential homeowners and investors alike.
The median home cost in Forestburgh is $393,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Forestburgh is up 14.6%.
Average Age of Homes
- The median age of Forestburgh real estate is 45 years old
The Rental Market in Forestburgh
- Renters make up 11.8% of the Forestburgh population
- 1.7% of houses and apartments in Forestburgh, 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.