East Bloomfield, NY is a great area with a lower median value for housing than the US average. The housing median value in East Bloomfield, NY is $271,900 while the US House Median Value is $338,100. This means that those looking to buy or sell a home in East Bloomfield have an advantage of a more affordable market. Furthermore, 1 year house appreciation rate in East Bloomfield is 11.41%, which is higher than the US 1 year House Appreciation rate at 8.27%. This indicates that buying or selling a home in this area could be profitable and offer homeowners potential for growth and gain from their investments.
The median home cost in East Bloomfield is $271,900. Home appreciation the last 10 years has been 65.2%. Home Appreciation in East Bloomfield is up 12.0%.
Average Age of Homes
- The median age of East Bloomfield real estate is 53 years old
The Rental Market in East Bloomfield
- Renters make up 18.3% of the East Bloomfield population
- 0.4% of houses and apartments in East Bloomfield, 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.