The housing market in Massena, NY is relatively affordable when compared to the U.S. median value of $338,100. The median value of a house in Massena is $97,400, which is significantly lower than the national median. Despite this affordability, however, the appreciation rate of houses in Massena has been higher than that of the U.S., with 9.27% appreciation over the last year compared to 8.27%. This suggests a healthy housing market in Massena and shows that people are eager to invest in homes in this area due to its affordability and growing economy.
The median home cost in Massena is $97,400. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Massena is up 11.4%.
Average Age of Homes
- The median age of Massena real estate is 63 years old
The Rental Market in Massena
- Renters make up 38.1% of the Massena population
- 1.2% of houses and apartments in Massena, 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.