Germantown, NY is a great place to live, with housing median values being higher than the national average. The current median value of a house in Germantown is $506,200, which is significantly higher than the US house median value of $338,100. In addition to its high market values, Germantown has also seen an impressive 10.37% one year appreciation rate in housing values compared to the 8.27% national rate. This means that investing in real estate in Germantown is becoming increasingly more attractive and could be a smart financial decision in the near future.
The median home cost in Germantown is $506,200. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Germantown is up 14.0%.
Average Age of Homes
- The median age of Germantown real estate is 65 years old
The Rental Market in Germantown
- Renters make up 21.9% of the Germantown population
- 2.6% of houses and apartments in Germantown, 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.