Housing in Phelps, NY is highly desirable and its median value is significantly higher than the US median home value. The 1 year house appreciation rate for Phelps, NY has been even more impressive at 13.40%, which is far above the national average of 8.27%. This makes the area a great option for those looking to invest in real estate or find a new home. With its competitive pricing and attractive appreciation rates, Phelps, NY is an excellent choice for anyone looking for housing options.
The median home cost in Phelps is $240,500. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Phelps is up 14.0%.
Average Age of Homes
- The median age of Phelps real estate is 58 years old
The Rental Market in Phelps
- Renters make up 22.8% of the Phelps population
- 1.0% of houses and apartments in Phelps, 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.