The housing market in Schroon, NY is thriving. The median value of a home is $289,200, which is significantly lower than the US median at $338,100. Furthermore, over the past year, the appreciation of homes in Schroon has been 9.95%, nearly 2 full percentage points higher than the US average of 8.27%. This indicates that the Schroon housing market is strong and growing faster than most other locations in America. With its low prices and rapid appreciation rate, it's no wonder why so many people are looking to purchase a home in this idyllic upstate New York town.
The median home cost in Schroon is $289,200. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Schroon is up 13.4%.
Average Age of Homes
- The median age of Schroon real estate is 52 years old
The Rental Market in Schroon
- Renters make up 3.5% of the Schroon population
- 2.1% of houses and apartments in Schroon, 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.