The housing market in Middlefield, NY is doing better than the national average. According to recent data, the median value of a home in Middlefield is $347,600, which is significantly higher than the US median of $338,100. In addition, while the US one year house appreciation rate was 8.27%, Middlefield saw an 11.98% increase in their house values over the same period. This indicates that Middlefield has seen stronger growth in housing prices than the rest of the country and is a great place to invest in real estate.
The median home cost in Middlefield is $347,600. Home appreciation the last 10 years has been 73.4%. Home Appreciation in Middlefield is up 15.6%.
Average Age of Homes
- The median age of Middlefield real estate is 46 years old
The Rental Market in Middlefield
- Renters make up 14.9% of the Middlefield population
- 1.4% of houses and apartments in Middlefield, 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.