The housing market in Savoy, MA is thriving. The median value of a home is $253,000, which is lower than the US House Median Value of $338,100. However, the 1 year appreciation rate for homes in Savoy is 16.87%, which is significantly higher than the US average of 8.27%. This indicates that Savoy is an attractive location to purchase a home and could be a good investment opportunity for those looking to enter the housing market.
The median home cost in Savoy is $253,000. Home appreciation the last 10 years has been 59.1%. Home Appreciation in Savoy is up 14.6%.
Average Age of Homes
- The median age of Savoy real estate is 42 years old
The Rental Market in Savoy
- Renters make up 8.3% of the Savoy population
- 0.0% of houses and apartments in Savoy, 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.