Philipstown, NY is a desirable area to live in due to its high housing median value of $662,200. This is significantly higher than the US House median value of $338,100 and demonstrates the real estate market's demand for this popular town. Moreover, the 1 year house appreciation rate for Philipstown is 7.98%, only slightly lower than the US appreciation rate of 8.27%. This indicates a healthy and robust real estate market in Philipstown that will continue to be attractive to potential buyers in the future.
The median home cost in Philipstown is $662,200. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Philipstown is up 10.6%.
Average Age of Homes
- The median age of Philipstown real estate is 50 years old
The Rental Market in Philipstown
- Renters make up 19.2% of the Philipstown population
- 0.5% of houses and apartments in Philipstown, 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.