Housing in Medina, NY is quite affordable with a median value of $136,900. This is significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation rate in Medina was 10.67%, higher than the 8.27% appreciation rate for houses across the country. This indicates that housing prices in Medina are increasing at a faster rate than those across the US, making it an attractive option for potential homeowners.
The median home cost in Medina is $136,900. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Medina is up 15.9%.
Average Age of Homes
- The median age of Medina real estate is 78 years old
The Rental Market in Medina
- Renters make up 40.5% of the Medina population
- 0.0% of houses and apartments in Medina, 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.