The housing market in Jay, NY is performing at a higher rate than the rest of the country. The median value of homes in Jay, NY is $208,300, which is significantly lower than the national median value of $338,100. However, the one-year appreciation rate for homes in Jay, NY is 12.09%, compared to 8.27% for homes across the entire nation. This indicates that there is an increased demand for homes in this area - both from investors and from potential buyers - resulting in higher appreciation rates than the national average.
The median home cost in Jay is $208,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Jay is up 14.6%.
Average Age of Homes
- The median age of Jay real estate is 42 years old
The Rental Market in Jay
- Renters make up 16.1% of the Jay population
- 1.2% of houses and apartments in Jay, 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.