Owego, NY is an attractive housing market due to its median value of $212,400 being much lower than the US median value of $338,100. The 1 year appreciation rate of 8.92% in Owego is also higher than the US rate of 8.27%. This presents a great opportunity for new home buyers and investors looking for potential gains in the housing market. With these attractive features, Owego is becoming an increasingly sought after community for those looking to purchase a home or invest in real estate.
The median home cost in Owego is $212,400. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Owego is up 14.8%.
Average Age of Homes
- The median age of Owego real estate is 54 years old
The Rental Market in Owego
- Renters make up 17.7% of the Owego population
- 1.3% of houses and apartments in Owego, 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.