The housing market in Minerva, NY is a thriving one, with a median home value of $170,400. This is significantly lower than the US House Median Value of $338,100, making it an attractive option for those looking for more affordable housing. In the past year, homes in Minerva have appreciated by 9.95%, higher than the US 1 year House Appreciation rate of 8.27% - indicating strong growth in the local housing market. It's no surprise that many are drawn to Minerva for its growing job opportunities and relatively affordable housing prospects compared to other areas of the country.
The median home cost in Minerva is $170,400. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Minerva is up 13.4%.
Average Age of Homes
- The median age of Minerva real estate is 48 years old
The Rental Market in Minerva
- Renters make up 5.2% of the Minerva population
- 0.9% of houses and apartments in Minerva, 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.