The housing market in Newcomb, NY is an attractive option for those looking to purchase a home. The median value for a house in the area is $198,800, which is significantly lower than the US median house value of $338,100. Furthermore, the rate of appreciation for houses in Newcomb has been higher than the national average over the past year at 9.95%. With such a favorable market and appreciating prices, Newcomb looks like a great place to invest in real estate.
The median home cost in Newcomb is $198,800. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Newcomb is up 13.4%.
Average Age of Homes
- The median age of Newcomb real estate is 56 years old
The Rental Market in Newcomb
- Renters make up 2.6% of the Newcomb population
- 0.9% of houses and apartments in Newcomb, 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.