The housing market in Elma Center, NY is thriving. The median value of houses in the area is $376,900, which is significantly higher than the US median house value of $338,100. Additionally, the 1 year house appreciation rate in Elma Center has been 10.81%, substantially higher than the US average of 8.27%. This shows how much demand there is for housing in Elma Center and a sign that the market is flourishing.
The median home cost in Elma Center is $376,900. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Elma Center is up 13.0%.
Average Age of Homes
- The median age of Elma Center real estate is 48 years old
The Rental Market in Elma Center
- Renters make up 3.2% of the Elma Center population
- 0.0% of houses and apartments in Elma Center, 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.