Alexander, NY is a great place to buy a home thanks to its comparatively affordable housing median value of $177,700. This is significantly lower than the US median value of $338,100 and is even more attractive given that the US 1 year house appreciation rate is 8.27%, whereas Alexander houses have appreciated an impressive 10.81% in the same time period. This rapid rate of increase in house values makes owning property in Alexander, NY an attractive option for potential homeowners looking for a good investment opportunity.
The median home cost in Alexander is $177,700. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Alexander is up 13.0%.
Average Age of Homes
- The median age of Alexander real estate is 65 years old
The Rental Market in Alexander
- Renters make up 12.0% of the Alexander population
- 1.0% of houses and apartments in Alexander, 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.