Cato, NY is a great place to consider when looking for a new home. The median value of housing in the area is $178,000, which is significantly lower than the US median house value of $338,100. Additionally, within the last year, house appreciation in Cato has been higher than the national average at 10.86%, compared to 8.27%. With this combination of more affordable prices and a healthy appreciation rate, Cato could be an ideal choice for those looking to invest in a new home.
The median home cost in Cato is $178,000. Home appreciation the last 10 years has been 63.6%. Home Appreciation in Cato is up 15.1%.
Average Age of Homes
- The median age of Cato real estate is 39 years old
The Rental Market in Cato
- Renters make up 13.2% of the Cato population
- 0.0% of houses and apartments in Cato, 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.