The housing market in Fort Montgomery, NY is thriving, with the median value of homes sitting at $394,600, well above the US national median value of $338,100. In addition to being more expensive than the average home across the country, houses in Fort Montgomery have seen an impressive 1 year appreciation rate of 14.52%, which is significantly higher than the 8.27% appreciation rate seen in US homes overall. This indicates that not only are people willing to pay more for a house in Fort Montgomery, but that they're likely to see much greater returns on their investment than they would if they invested elsewhere.
The median home cost in Fort Montgomery is $394,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Fort Montgomery is up 17.6%.
Average Age of Homes
- The median age of Fort Montgomery real estate is 63 years old
The Rental Market in Fort Montgomery
- Renters make up 22.3% of the Fort Montgomery population
- 0.0% of houses and apartments in Fort Montgomery, 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.