Housing in Italy, NY is a great opportunity for anyone looking to invest in or purchase a home. The median value of housing in Italy, NY is $192,300 which is substantially lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Italy, NY is 13.96%, which is much higher than the 8.27% US 1 year house appreciation rate. This makes investing or purchasing property in Italy, NY an attractive and lucrative prospect.
The median home cost in Italy is $192,300. Home appreciation the last 10 years has been 67.9%. Home Appreciation in Italy is up 14.5%.
Average Age of Homes
- The median age of Italy real estate is 44 years old
The Rental Market in Italy
- Renters make up 6.2% of the Italy population
- 0.0% of houses and apartments in Italy, 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.