Housing in Independence, NY is currently valued at $115,900. This is significantly lower than the US House Median Value of $338,100. However, over the past year, the housing market has seen a 7.27% appreciation in Independence compared to an 8.27% appreciation across the US as a whole. This shows that despite being lower than the national average, homes in Independence are still increasing in value and may be an attractive option for potential buyers looking for a good investment opportunity.
The median home cost in Independence is $115,900. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Independence is up 12.7%.
Average Age of Homes
- The median age of Independence real estate is 64 years old
The Rental Market in Independence
- Renters make up 16.5% of the Independence population
- 3.5% of houses and apartments in Independence, 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.