Rapids, NY is a great place to live for those looking for an affordable home. The median housing value in Rapids is $241,900, significantly lower than the US median house value of $338,100. In terms of appreciation, Rapids fared even better with a 1 year appreciation rate of 10.81%, higher than the US average of 8.27%. This makes Rapids a great place to invest in a new home and take advantage of the market growth potential.
The median home cost in Rapids is $241,900. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Rapids is up 13.0%.
Average Age of Homes
- The median age of Rapids real estate is 30 years old
The Rental Market in Rapids
- Renters make up 8.1% of the Rapids population
- 0.0% of houses and apartments in Rapids, 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.