The housing market in Hope, NY is currently booming, with the median value of homes being $192,900 and an appreciation rate of 12.23% over the past year. This appreciation rate exceeds the national average of 8.27%, making it an attractive place to purchase a home. The median value of a home is significantly lower than the national average of $338,100, making it an affordable option for many buyers. With its strong appreciation rate and lower costs compared to other areas, Hope is a desirable location for anyone looking to buy or invest in property.
The median home cost in Hope is $192,900. Home appreciation the last 10 years has been 52.6%. Home Appreciation in Hope is up 11.9%.
Average Age of Homes
- The median age of Hope real estate is 43 years old
The Rental Market in Hope
- Renters make up 9.7% of the Hope population
- 0.0% of houses and apartments in Hope, 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.