Speculator, NY is a great place to invest in real estate due to its healthy housing market. The median value of homes in Speculator is $278,500, which is significantly lower than the US median home value of $338,100. This provides potential buyers with more purchasing power. Additionally, the 1 year appreciation rate of houses in Speculator is 12.23%, which is higher than the national average of 8.27%. This makes investing in housing here especially attractive as it promises strong returns in a short amount of time.
The median home cost in Speculator is $278,500. Home appreciation the last 10 years has been 52.6%. Home Appreciation in Speculator is up 11.9%.
Average Age of Homes
- The median age of Speculator real estate is 52 years old
The Rental Market in Speculator
- Renters make up 3.0% of the Speculator population
- 0.0% of houses and apartments in Speculator, 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.