The housing market in Southport, NY is very strong, with the median value of homes coming in at $114,000. This is significantly lower than the US median value of $338,100. The appreciation rate for Southport in the last year was even higher than the US rate of 8.27%, clocking in at 12.04%. This high appreciation rate indicates that the housing market in Southport is very desirable and should continue to be so for years to come.
The median home cost in Southport is $114,000. Home appreciation the last 10 years has been 39.0%. Home Appreciation in Southport is up 7.0%.
Average Age of Homes
- The median age of Southport real estate is 64 years old
The Rental Market in Southport
- Renters make up 21.5% of the Southport population
- 2.0% of houses and apartments in Southport, 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.