The housing market in Merritt Park, NY is quite strong compared to the rest of the US. The median value of a house in Merritt Park, NY is $440,900, significantly higher than the US median value of $338,100. Additionally, houses have appreciated by 10.37% in the last year alone compared to 8.27% appreciation for houses across the United States as a whole. This shows that Merritt Park is a desirable area and an excellent choice for housing investments.
The median home cost in Merritt Park is $440,900. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Merritt Park is up 14.0%.
Average Age of Homes
- The median age of Merritt Park real estate is 11 years old
The Rental Market in Merritt Park
- Renters make up 10.5% of the Merritt Park population
- 3.3% of houses and apartments in Merritt Park, 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.