McDonough, NY is an ideal location for those looking to purchase a home at an affordable price. The median housing value in McDonough is $129,200, which is significantly lower than the US median house value of $338,100. Despite this lower housing cost, the one year appreciation rate for houses in McDonough was 8.92%, slightly higher than the national average of 8.27%. This makes McDonough a great choice for potential buyers who want to invest in their new home and enjoy increased equity over time.
The median home cost in McDonough is $129,200. Home appreciation the last 10 years has been 50.8%. Home Appreciation in McDonough is up 14.8%.
Average Age of Homes
- The median age of McDonough real estate is 43 years old
The Rental Market in McDonough
- Renters make up 4.8% of the McDonough population
- 0.0% of houses and apartments in McDonough, 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.