The housing market in Norwich town, NY has been doing well with a median value of $126,400. This is significantly lower than the US House Median Value of $338,100, but the 1 year House Appreciation in Norwich town is 8.92%, slightly higher than the US 1 year House Appreciation of 8.27%. This suggests that the housing market in Norwich town is still healthy and its value may continue to increase over time.
The median home cost in Norwich town is $126,400. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Norwich town is up 14.8%.
Average Age of Homes
- The median age of Norwich town real estate is 45 years old
The Rental Market in Norwich town
- Renters make up 18.1% of the Norwich town population
- 0.0% of houses and apartments in Norwich town, 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.