Housing in Norway, NY is slightly more expensive than the national average, with a median value of $164,100. However, it also offers higher appreciation rates than the US median with an increase of 11.97% within the last year alone. This makes Norway an attractive place to own a home and as such it has become a popular spot for those looking to move or invest in residential real estate. The town's close proximity to Syracuse and its vibrant local community make for an ideal living environment.
The median home cost in Norway is $164,100. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Norway is up 15.8%.
Average Age of Homes
- The median age of Norway real estate is 34 years old
The Rental Market in Norway
- Renters make up 12.0% of the Norway population
- 2.1% of houses and apartments in Norway, 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.