Centre Island, NY is a highly desirable area to live due to its exceptional housing. The median value of houses in Centre Island is $1,683,300, which is significantly higher than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation in Centre Island is 9.97%, much more than the 8.27% one year appreciation rate nationally. This makes owning a home an attractive and sound investment for those looking to settle down in Centre Island.
The median home cost in Centre Island is $1,683,300. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Centre Island is up 13.1%.
Average Age of Homes
- The median age of Centre Island real estate is 63 years old
The Rental Market in Centre Island
- Renters make up 5.8% of the Centre Island population
- 2.2% of houses and apartments in Centre Island, 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.