The housing in Northumberland, NY is quite valuable and has been appreciating steadily over the past year. The median value of houses in Northumberland is $305,900, which is lower than the US median value of $338,100. However, appreciation on average has been higher in Northumberland with an annual rate of 9.95%, much higher than the US's 8.27%. This appreciation rate suggests that the trend for home values will likely continue to rise in Northumberland very soon.
The median home cost in Northumberland is $305,900. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Northumberland is up 13.4%.
Average Age of Homes
- The median age of Northumberland real estate is 30 years old
The Rental Market in Northumberland
- Renters make up 16.0% of the Northumberland population
- 0.0% of houses and apartments in Northumberland, 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.