The housing market in Hornellsville, NY is on the rise as evidenced by its median value of $153,200, which is significantly lower than the national median value of $338,100. The rate of appreciation for properties in Hornellsville over the past year was 7.27%, somewhat lower than the 8.27% across the US. This signals that there are great opportunities for investment in this area and buyers can expect to see continued growth as the market continues to improve.
The median home cost in Hornellsville is $153,200. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Hornellsville is up 12.7%.
Average Age of Homes
- The median age of Hornellsville real estate is 49 years old
The Rental Market in Hornellsville
- Renters make up 21.9% of the Hornellsville population
- 0.1% of houses and apartments in Hornellsville, 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.