The housing market in Vails Gate, NY is doing quite well compared to the national average. The median value of housing in Vails Gate is $244,200, which is much lower than the US median value of $338,100. However, over the last year the appreciation of home values in Vails Gate has been even higher than the national average of 8.27%. In fact, homes in Vails Gate have appreciated by 10.37% over the last year, making it a great place for prospective buyers to invest in real estate.
The median home cost in Vails Gate is $244,200. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Vails Gate is up 14.0%.
Average Age of Homes
- The median age of Vails Gate real estate is 45 years old
The Rental Market in Vails Gate
- Renters make up 49.6% of the Vails Gate population
- 8.4% of houses and apartments in Vails Gate, 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.