Greenwood, NY is an area with a significant amount of housing compared to the US House Median Value. The median value of homes in Greenwood, NY is $141,000 which is significantly lower than the US House Median Value of $338,100. Although the US House Medial Value has seen an increase of 8.27% in one year’s time, Greenwood NY has seen a slightly lower appreciation rate of 7.27%. This could be attributed to a number of factors including lower demand and weaker market conditions. Despite this, Greenwood still offers a great opportunity for individuals seeking affordable housing options.
The median home cost in Greenwood is $141,000. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Greenwood is up 12.7%.
Average Age of Homes
- The median age of Greenwood real estate is 78 years old
The Rental Market in Greenwood
- Renters make up 13.2% of the Greenwood population
- 0.0% of houses and apartments in Greenwood, 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.