The housing market in South Valley, NY is a great opportunity for potential homebuyers or those looking to invest. The median value of homes in South Valley is $129,600, which is much lower than the national average of $338,100. This lower value also comes with a higher appreciation rate; housing prices have increased 12.09% in the last year as compared to the national average of 8.27%. With such an attractive median price and appreciation rate, South Valley is an ideal place for those looking to invest in real estate.
The median home cost in South Valley is $129,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in South Valley is up 14.6%.
Average Age of Homes
- The median age of South Valley real estate is 30 years old
The Rental Market in South Valley
- Renters make up 2.0% of the South Valley population
- 0.0% of houses and apartments in South Valley, 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.