The housing market in Cape Vincent, NY is vibrant. The median value of homes in the area is $213,700, which is lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in the area is 9.27%, which is slightly higher than the US average of 8.27%. These figures suggest that home values are increasing steadily and that buying a house in Cape Vincent, NY can be a wise investment.
The median home cost in Cape Vincent is $213,700. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Cape Vincent is up 11.4%.
Average Age of Homes
- The median age of Cape Vincent real estate is 41 years old
The Rental Market in Cape Vincent
- Renters make up 6.8% of the Cape Vincent population
- 0.2% of houses and apartments in Cape Vincent, 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.