The housing market in Montgomery, NY is currently performing well compared to the national average. The median housing value in Montgomery, NY is currently $376,600, which is significantly higher than the US house median of $338,100. In addition, the one-year appreciation rate for houses in Montgomery, NY was 10.37%, more than two points higher than the US one-year house appreciation rate of 8.27%. These figures show that homes in Montgomery, NY have appreciated significantly in recent years and are likely to continue to do so in coming years.
The median home cost in Montgomery is $376,600. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Montgomery is up 14.0%.
Average Age of Homes
- The median age of Montgomery real estate is 47 years old
The Rental Market in Montgomery
- Renters make up 26.6% of the Montgomery population
- 0.1% of houses and apartments in Montgomery, 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.