Housing in Orchard Park, NY is a very desirable option for those looking to purchase or invest in real estate. The median value of homes in Orchard Park is $401,500 which is significantly higher than the US House Median Value of $338,100. Additionally, the house appreciation rate over the past year is 10.70%, which is higher than the US average of 8.27%. This makes Orchard Park an attractive option for those looking to invest and benefit from an appreciating market.
The median home cost in Orchard Park is $401,500. Home appreciation the last 10 years has been 90.1%. Home Appreciation in Orchard Park is up 15.9%.
Average Age of Homes
- The median age of Orchard Park real estate is 44 years old
The Rental Market in Orchard Park
- Renters make up 19.9% of the Orchard Park population
- 0.3% of houses and apartments in Orchard Park, 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.