The housing market in Westhampton, NY is a desirable location to live, as evidenced by the median value of homes which is over $1 million. This number is significantly greater than the US median house value of $338,100. What's more, home values in Westhampton have had an impressive 1 year appreciation rate of 13.07%, compared to 8.27% nationally. This makes it clear that Westhampton offers prospective buyers a solid opportunity for home investment and long-term financial gains.
The median home cost in Westhampton is $1,196,600. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Westhampton is up 16.1%.
Average Age of Homes
- The median age of Westhampton real estate is 37 years old
The Rental Market in Westhampton
- Renters make up 10.3% of the Westhampton population
- 0.6% of houses and apartments in Westhampton, 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.