Housing in Hannibal, NY is relatively more affordable than the US average. The median value of a house in Hannibal is $146,500 while the median value of a house in the US is $338,100. Additionally, the appreciation rate for houses in Hannibal was 11.25% over the past year - well above the 8.27% appreciation rate for houses across the US during that same time period. This indicates that housing prices in Hannibal are increasing at a faster rate than across the country as a whole.
The median home cost in Hannibal is $146,500. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Hannibal is up 13.5%.
Average Age of Homes
- The median age of Hannibal real estate is 37 years old
The Rental Market in Hannibal
- Renters make up 16.5% of the Hannibal population
- 0.0% of houses and apartments in Hannibal, 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.