The housing market in Knox, NY is flourishing. The median value of a house in the area is $332,800 which is slightly lower than the national median value of $338,100. However, the one-year appreciation rate for housing in Knox, NY is 9.97%, significantly higher than the national average of 8.27%. This indicates that investing in real estate in Knox, NY could be a smart option for buyers looking to own a home or increase their investment portfolio.
The median home cost in Knox is $332,800. Home appreciation the last 10 years has been 49.4%. Home Appreciation in Knox is up 11.8%.
Average Age of Homes
- The median age of Knox real estate is 45 years old
The Rental Market in Knox
- Renters make up 11.5% of the Knox population
- 0.0% of houses and apartments in Knox, 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.