The housing market in Miller Place, NY is thriving. The median value of homes here is $588,100, which is significantly higher than the US median value of $338,100. In the last year alone, the appreciation rate for homes in Miller Place has been 9.97%, higher than the US average of 8.27%. This shows a healthy and prosperous local real estate market with high demand for properties and an opportunity to capitalize on the appreciation of home prices.
The median home cost in Miller Place is $588,100. Home appreciation the last 10 years has been 71.3%. Home Appreciation in Miller Place is up 13.1%.
Average Age of Homes
- The median age of Miller Place real estate is 42 years old
The Rental Market in Miller Place
- Renters make up 4.6% of the Miller Place population
- 0.0% of houses and apartments in Miller Place, 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.