Russell, NY is a small town in Upstate New York that has seen an increase in housing prices over the past year. According to recent reports, the median value of housing in Russell is currently $106,900, which is significantly lower than the national median value of $338,100. Despite this disparity in prices, Russell has experienced an impressive 1-year house appreciation rate of 9.27%, which surpasses the US average of 8.27%. This indicates that Russell is still experiencing a positive trend in housing values and more people are looking to purchase property there.
The median home cost in Russell is $106,900. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Russell is up 11.4%.
Average Age of Homes
- The median age of Russell real estate is 34 years old
The Rental Market in Russell
- Renters make up 14.0% of the Russell population
- 0.9% of houses and apartments in Russell, 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.