Niagara Falls, NY is a great place to call home. The median value of housing in the area is $141,800, which is much lower than the US House median value of $338,100. Despite this lower price tag, Niagara Falls has enjoyed an impressive 11.02% appreciation rate over the past year - higher than the 8.27% rate seen nationwide. This positive trend makes Niagara Falls a great option for those looking for an affordable place to live with plenty of potential upside.
The median home cost in Niagara Falls is $141,800. Home appreciation the last 10 years has been 96.4%. Home Appreciation in Niagara Falls is up 15.0%.
Average Age of Homes
- The median age of Niagara Falls real estate is 75 years old
The Rental Market in Niagara Falls
- Renters make up 35.3% of the Niagara Falls population
- 4.2% of houses and apartments in Niagara Falls, 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.