The housing market in Lee, NY is booming. The median value of homes in the area is $234,200 which is significantly lower than the median value of homes in the United States which stands at an impressive $338,100. This makes it a great option for those looking to buy property on a budget. What's more, over the last year, the appreciation rate of homes in Lee has been 11.97%, almost three full percentage points higher than the national average of 8.27%. This indicates that home prices are continuing to rise steadily and that now may be an optimal time to get into the market.
The median home cost in Lee is $234,200. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Lee is up 15.8%.
Average Age of Homes
- The median age of Lee real estate is 49 years old
The Rental Market in Lee
- Renters make up 12.3% of the Lee population
- 0.0% of houses and apartments in Lee, 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.