The housing market in South Lima, NY is doing well, with the median value sitting at $174,200. This is significantly lower than the US House Median Value of $338,100, giving potential buyers more bang for their buck. Furthermore, in the last year, South Lima has seen an appreciation of 11.08%, which is higher than the US 1 year House Appreciation of 8.27%. This makes it a great time to invest in South Lima real estate as those numbers are likely to continue increasing.
The median home cost in South Lima is $174,200. Home appreciation the last 10 years has been 64.9%. Home Appreciation in South Lima is up 11.7%.
Average Age of Homes
- The median age of South Lima real estate is 78 years old
The Rental Market in South Lima
- Renters make up 34.8% of the South Lima population
- 0.0% of houses and apartments in South Lima, 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.