The housing market in Forestport, NY is booming compared to the national average. The median value of housing in Forestport is significantly lower than the US house median value at $205,200 versus $338,100 – this indicates that houses are less expensive and more accessible for people interested in buying. Looking at one year appreciation rates, it's clear that this area has been experiencing higher returns than the national average; 8.27% versus 11.97%, respectively. This could be an attractive opportunity for potential buyers looking for a good return on their investment.
The median home cost in Forestport is $205,200. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Forestport is up 15.8%.
Average Age of Homes
- The median age of Forestport real estate is 51 years old
The Rental Market in Forestport
- Renters make up 5.9% of the Forestport population
- 0.0% of houses and apartments in Forestport, 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.