Grand Island, NY is a great place to invest in housing due to its relatively high median value of $348,700 compared to the national median value of $338,100. The US has seen a 8.27% one-year appreciation in house values overall, but Grand Island's one-year appreciation rate is even higher at 10.81%. This makes it an attractive option for prospective home buyers and investors alike. With prices predicted to continue rising, now is the time to make your move into this great market.
The median home cost in Grand Island is $348,700. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Grand Island is up 13.0%.
Average Age of Homes
- The median age of Grand Island real estate is 43 years old
The Rental Market in Grand Island
- Renters make up 19.7% of the Grand Island population
- 0.8% of houses and apartments in Grand Island, 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.