Housing in Concord, NY is quite lucrative, as the median value of homes currently stands at $244,400. This is significantly lower than the US House Median Value of $338,100. Despite this difference, the one year house appreciation rate for Concord, NY was higher than that of the US at 10.69%, compared to 8.27%. This suggests that real estate investors may benefit from investing in Concord's housing market.
The median home cost in Concord is $244,400. Home appreciation the last 10 years has been 88.9%. Home Appreciation in Concord is up 15.4%.
Average Age of Homes
- The median age of Concord real estate is 56 years old
The Rental Market in Concord
- Renters make up 24.1% of the Concord population
- 1.4% of houses and apartments in Concord, 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.