Gaines, NY is a great place for housing. The median value of houses in Gaines is currently $122,400, which is much lower than the US house median value of $338,100. Despite this difference in value, the appreciation rate of 1-year houses in Gaines is at 11.08%, which is higher than the nation’s average appreciation rate of 8.27%. This suggests that investing in Gaines real estate could be an attractive option for people looking to buy a home or invest in real estate. With housing values on an upward trend and prices still relatively affordable, now seems like a good time to consider purchasing or investing in housing in Gaines.
The median home cost in Gaines is $122,400. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Gaines is up 11.7%.
Average Age of Homes
- The median age of Gaines real estate is 42 years old
The Rental Market in Gaines
- Renters make up 19.7% of the Gaines population
- 2.6% of houses and apartments in Gaines, 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.