The housing market in Loch Sheldrake, NY is strong and growing. The median value of houses in the area is currently $245,400, which is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate for homes in Loch Sheldrake has been 12.09%, higher than the US rate of 8.27%. This indicates that it is a great time to invest in property in this area as house values are likely to increase over time. Therefore, buying real estate in Loch Sheldrake is a wise decision for potential homeowners or investors alike.
The median home cost in Loch Sheldrake is $245,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Loch Sheldrake is up 14.6%.
Average Age of Homes
- The median age of Loch Sheldrake real estate is 34 years old
The Rental Market in Loch Sheldrake
- Renters make up 6.6% of the Loch Sheldrake population
- 2.8% of houses and apartments in Loch Sheldrake, 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.