Malverne, NY is an attractive place to buy a house due to its high median value of $630,900, which is almost twice as much as the US housing median value of $338,100. The appreciation rate for housing in Malverne over the past year has been 8.72%, slightly higher than the US average of 8.27%. This makes it a great investment opportunity for people looking to buy in the area. With such a high median value and strong appreciation rate, it's no wonder why so many are investing in Malverne real estate.
The median home cost in Malverne is $630,900. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Malverne is up 12.8%.
Average Age of Homes
- The median age of Malverne real estate is 73 years old
The Rental Market in Malverne
- Renters make up 7.3% of the Malverne population
- 0.0% of houses and apartments in Malverne, 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.