Skaneateles, NY is known for its high housing median value and strong appreciation rate. The median value of a house in Skaneateles is $481,800 which is significantly higher than the US house median value of $338,100. Additionally, the 1 year house appreciation rate of houses in Skaneateles was 10.01%, which is significantly higher than the US 1 year house appreciation rate of 8.27%. This shows that Skaneateles has a strong real estate market and homes have been appreciating at a rapid rate.
The median home cost in Skaneateles is $481,800. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Skaneateles is up 18.6%.
Average Age of Homes
- The median age of Skaneateles real estate is 59 years old
The Rental Market in Skaneateles
- Renters make up 15.5% of the Skaneateles population
- 1.3% of houses and apartments in Skaneateles, 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.