The housing market in Zena, NY is quite robust. The median value of a house is nearly $20,000 higher than the U.S. average at $358,300 and the appreciation rate of 1 year is 14.80%, significantly higher than the nationwide 8.27%. This suggests that investing in property in Zena, NY may be a sound decision as it has shown an increase in value over a relatively short period of time with a greater potential for further growth in the future.
The median home cost in Zena is $358,300. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Zena is up 24.5%.
Average Age of Homes
- The median age of Zena real estate is 54 years old
The Rental Market in Zena
- Renters make up 7.1% of the Zena population
- 0.0% of houses and apartments in Zena, 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.