Housing in Hornell, NY is significantly more affordable than the national median value of $338,100. The median value of housing in Hornell is only $101,000. Despite this discrepancy, house appreciation over the past year has remained close to the national average of 8.27%, with a rate of 7.27%. This data shows that Hornell is still a viable option for those looking for an affordable and growing housing market.
The median home cost in Hornell is $101,000. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Hornell is up 12.7%.
Average Age of Homes
- The median age of Hornell real estate is 78 years old
The Rental Market in Hornell
- Renters make up 44.3% of the Hornell population
- 4.9% of houses and apartments in Hornell, 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.