Wales, NY is a great place to invest in real estate with its median house value of $314,300. This is significantly lower than the US median house value of $338,100 and presents an opportunity for buyers to acquire property at a discounted price. Furthermore, Wales has seen an impressive 10.73% appreciation in home values over the last year - nearly two percentage points higher than the 8.27% average appreciation rate across the U.S. Thus, buying a home in Wales would be a wise investment that could yield significant returns over time.
The median home cost in Wales is $314,300. Home appreciation the last 10 years has been 87.7%. Home Appreciation in Wales is up 14.6%.
Average Age of Homes
- The median age of Wales real estate is 48 years old
The Rental Market in Wales
- Renters make up 10.5% of the Wales population
- 0.0% of houses and apartments in Wales, 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.