Newstead, NY is a great place for those looking to invest in the housing market. The median value of homes in the area is currently $272,700, which is lower than the US median value of $338,100. Additionally, there has been an impressive 10.81% appreciation rate in housing prices over the past year, which is higher than the US 1 year house appreciation rate of 8.27%. This makes Newstead an excellent choice for people considering purchasing a home as they can expect to see their investment increase in value in the short-term.
The median home cost in Newstead is $272,700. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Newstead is up 13.0%.
Average Age of Homes
- The median age of Newstead real estate is 48 years old
The Rental Market in Newstead
- Renters make up 19.9% of the Newstead population
- 0.0% of houses and apartments in Newstead, 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.