Richmondville, NY is a great place for those interested in investing in real estate. The median value of housing in Richmondville, NY is significantly lower than the US median value at $152,600. Furthermore, the 1 year appreciation rate for housing has been 12.01%, which is higher than the national average of 8.27%. This means that investment in housing has greater potential to yield greater returns in Richmondville compared to other areas of the United States.
The median home cost in Richmondville is $152,600. Home appreciation the last 10 years has been 52.3%. Home Appreciation in Richmondville is up 11.9%.
Average Age of Homes
- The median age of Richmondville real estate is 43 years old
The Rental Market in Richmondville
- Renters make up 24.2% of the Richmondville population
- 0.6% of houses and apartments in Richmondville, 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.