Hume, NY is a great place to invest in housing. The median value of houses in Hume is currently $117,000, which is significantly lower than the US house median value of $338,100. Furthermore, over the past year house appreciation in Hume has been 12.27%, compared to 8.27% nationally. This makes investing in home ownership in Hume an attractive investment opportunity due to the combination of a lower median value and a higher 1-year appreciation rate than many other parts of the US.
The median home cost in Hume is $117,000. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Hume is up 14.6%.
Average Age of Homes
- The median age of Hume real estate is 78 years old
The Rental Market in Hume
- Renters make up 32.5% of the Hume population
- 1.4% of houses and apartments in Hume, 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.