The housing market in Lockport town, NY is flourishing. The median value of a house in Lockport town is $251,100, which is significantly lower than the US house median value of $338,100. Despite the lower average price point, the one-year house appreciation for Lockport town is 10.81%, higher than the US 1 year house appreciation of 8.27%. This speaks to the strength and potential of the housing market in Lockport town as buyers look for locations outside of large metropolitan areas that offer similar amenities but at more accessible prices.
The median home cost in Lockport town is $251,100. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Lockport town is up 13.0%.
Average Age of Homes
- The median age of Lockport town real estate is 36 years old
The Rental Market in Lockport town
- Renters make up 20.0% of the Lockport town population
- 0.9% of houses and apartments in Lockport town, 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.