The town of German, NY has a median value for housing that is significantly lower than the national median value, at $139,100 compared to $338,100. Despite this discrepancy, it has seen a higher rate of appreciation over the past year, at 9.68% compared to 8.27%. This means that people investing in real estate in German are seeing greater returns on their investments than those who invest in other areas. With its comparatively low prices and great potential for growth, German is an ideal location for those looking to purchase or invest in housing.
The median home cost in German is $139,100. Home appreciation the last 10 years has been 54.4%. Home Appreciation in German is up 14.2%.
Average Age of Homes
- The median age of German real estate is 39 years old
The Rental Market in German
- Renters make up 8.0% of the German population
- 0.0% of houses and apartments in German, 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.