Cranberry Lake, NY is a great place for people looking to invest in housing. The median value of housing in the area is $280,900, which is much lower than the US median value of $338,100. In addition, the one year appreciation of housing in this area has been 12.09%, which is higher than the national average of 8.27%. Whether you are looking to buy an investment property or settle into a new home in Cranberry Lake, the housing market here offers great potential for growth and value increases in the years to come.
The median home cost in Cranberry Lake is $280,900. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Cranberry Lake is up 14.6%.
Average Age of Homes
- The median age of Cranberry Lake real estate is 57 years old
The Rental Market in Cranberry Lake
- Renters make up 0.7% of the Cranberry Lake population
- 0.0% of houses and apartments in Cranberry Lake, 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.