Nassau, NY has a median housing value of $280,500, which is significantly lower than the US median value of $338,100. However, the 1 year house appreciation rate in Nassau is 11.11%, which is higher than the US average of 8.27%. This shows that Nassau is a desirable place to invest in real estate due to its strong growth potential. That said, even with the strong growth rate, prices remain affordable and are lower than the national average.
The median home cost in Nassau is $280,500. Home appreciation the last 10 years has been 51.0%. Home Appreciation in Nassau is up 11.9%.
Average Age of Homes
- The median age of Nassau real estate is 63 years old
The Rental Market in Nassau
- Renters make up 20.0% of the Nassau population
- 1.2% of houses and apartments in Nassau, 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.