The housing market in Salina, NY is thriving. The median house value for the area is $168,900, which is much lower than the US House Median Value of $338,100. Despite this difference in prices, Salina's 1 year house appreciation rate is 12.60%, well above the US 1 year appreciation rate of 8.27%. These figures indicate that real estate investments in Salina are paying off and the area is growing quickly. For those looking to buy a home or invest in property, Salina could be an excellent option.
The median home cost in Salina is $168,900. Home appreciation the last 10 years has been 62.9%. Home Appreciation in Salina is up 13.1%.
Average Age of Homes
- The median age of Salina real estate is 57 years old
The Rental Market in Salina
- Renters make up 30.5% of the Salina population
- 1.7% of houses and apartments in Salina, 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.