Housing in Glen Cove, NY is a hot commodity, with the median value of homes reaching $676,600. This is nearly double the US House Median Value of $338,100. It is clear that investment in Glen Cove real estate has been paying off for many as evidenced by the 1 year appreciation rate of 8.72%, which is higher than the US 1 year House Appreciation rate of 8.27%. Living in Glen Cove provides residents with access to some of the most desirable housing on the market and offers significant returns for those looking to invest in real estate.
The median home cost in Glen Cove is $676,600. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Glen Cove is up 12.8%.
Average Age of Homes
- The median age of Glen Cove real estate is 60 years old
The Rental Market in Glen Cove
- Renters make up 44.7% of the Glen Cove population
- 1.8% of houses and apartments in Glen Cove, 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.