Nichols, NY is a great place for people looking to purchase housing. The median value of houses in the area is $173,400, which is significantly lower than the US median house value of $338,100. Additionally, the 1 year house appreciation in Nichols has been 8.92%, which is higher than the US rate of 8.27%. This suggests that investing in real estate in Nichols could be a smart decision due to its affordability and potential for appreciation.
The median home cost in Nichols is $173,400. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Nichols is up 14.8%.
Average Age of Homes
- The median age of Nichols real estate is 56 years old
The Rental Market in Nichols
- Renters make up 16.8% of the Nichols population
- 0.0% of houses and apartments in Nichols, 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.