The housing market in North Gates, NY is doing well and is rising at a steady rate. The median value of houses in the area currently stands at $148,100, which is less than the US median of $338,100. While the national rate of house appreciation over the last year was 8.27%, North Gates experienced a growth rate of 9.90%. This indicates that real estate in the area is still growing and has been increasingly becoming more valuable to prospective buyers.
The median home cost in North Gates is $148,100. Home appreciation the last 10 years has been 78.2%. Home Appreciation in North Gates is up 14.2%.
Average Age of Homes
- The median age of North Gates real estate is 47 years old
The Rental Market in North Gates
- Renters make up 40.7% of the North Gates population
- 2.1% of houses and apartments in North Gates, 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.