The housing market in Great Bend, NY is thriving compared to the national average. The median value of a home in Great Bend is $120,500, which is significantly lower than the US median at $338,100. That being said, the 1 year appreciation rate for homes in Great Bend is 9.27%, higher than the US average of 8.27%. This indicates that there has been a good amount of growth in the home values in Great Bend over the last year and that this trend looks likely to continue.
The median home cost in Great Bend is $120,500. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Great Bend is up 11.4%.
Average Age of Homes
- The median age of Great Bend real estate is 46 years old
The Rental Market in Great Bend
- Renters make up 31.6% of the Great Bend population
- 0.0% of houses and apartments in Great Bend, 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.