Shrub Oak, NY is a great place to live for those looking for an affordable housing market. The median value of homes in the area is $413,500, which is significantly higher than the US median value at $338,100. Despite this difference, the 1 year house appreciation rate in Shrub Oak is only slightly lower than the national average at 7.98%. With such a low appreciation rate and higher median value, Shrub Oak makes for a very attractive housing market.
The median home cost in Shrub Oak is $413,500. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Shrub Oak is up 10.6%.
Average Age of Homes
- The median age of Shrub Oak real estate is 55 years old
The Rental Market in Shrub Oak
- Renters make up 22.7% of the Shrub Oak population
- 0.0% of houses and apartments in Shrub Oak, 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.