The housing market in Greenwich, NY is thriving. The median value of homes in the area is $266,900 which is significantly lower than the US median value of $338,100. Despite this difference, house appreciation in Greenwich has been strong, with a 1 year appreciation of 9.95%, surpassing the US average of 8.27%. This healthy growth in home values shows that home buyers and investors remain confident about the potential of further increases in the area's real estate market.
The median home cost in Greenwich is $266,900. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Greenwich is up 13.4%.
Average Age of Homes
- The median age of Greenwich real estate is 64 years old
The Rental Market in Greenwich
- Renters make up 24.0% of the Greenwich population
- 0.5% of houses and apartments in Greenwich, 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.