The housing market in Locke, NY has seen an impressive increase in value over the past year. The median value for a house in Locke is $186,800, which is significantly lower than the US median of $338,100. However, the one-year appreciation rate for houses in Locke is 11.21%, which is significantly higher than the national rate of 8.27%. This indicates that Locke is an excellent place to invest in housing and may offer buyers an attractive opportunity. The strong appreciation rate shows that prices are on the rise and suggests that now might be a great time to buy a home in Locke.
The median home cost in Locke is $186,800. Home appreciation the last 10 years has been 63.0%. Home Appreciation in Locke is up 13.6%.
Average Age of Homes
- The median age of Locke real estate is 40 years old
The Rental Market in Locke
- Renters make up 11.8% of the Locke population
- 0.0% of houses and apartments in Locke, 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.