The housing market in French Creek, NY is looking very strong. The median value of homes in French Creek is currently $189,800 which is significantly lower than the US House median value of $338,100. Despite this difference, however, the 1 year house appreciation rate in French Creek is 12.09%, a bit higher than the US rate of 8.27%. This suggests that there may be an increasing demand for homes in French Creek and that the local economy is doing well.
The median home cost in French Creek is $189,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in French Creek is up 14.6%.
Average Age of Homes
- The median age of French Creek real estate is 32 years old
The Rental Market in French Creek
- Renters make up 10.5% of the French Creek population
- 2.2% of houses and apartments in French Creek, 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.