The housing market in Cincinnatus, NY is strong and growing. The median value of a house in the area is $154,800, which is significantly lower than the US median of $338,100. In the past year, the US house appreciation rate was 8.27%, while Cincinnatus saw an even higher appreciation rate of 11.42%. This suggests that Cincinnatus may be experiencing a healthier housing market than other areas of the country. Furthermore, with such a low median value, it can be especially attractive to first-time homebuyers looking to invest in real estate.
The median home cost in Cincinnatus is $154,800. Home appreciation the last 10 years has been 62.6%. Home Appreciation in Cincinnatus is up 12.8%.
Average Age of Homes
- The median age of Cincinnatus real estate is 75 years old
The Rental Market in Cincinnatus
- Renters make up 19.0% of the Cincinnatus population
- 0.0% of houses and apartments in Cincinnatus, 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.