The housing market in North Elba, NY is thriving, with a median value of $405,700 - much higher than the national median of $338,100. It is also outperforming the nation in terms of appreciation rate too, with an impressive 1 year house appreciation rate of 12.09%, compared to 8.27% nation-wide. This shows that North Elba is a strong investment opportunity for those looking to buy a home in the area.
The median home cost in North Elba is $405,700. Home appreciation the last 10 years has been 64.5%. Home Appreciation in North Elba is up 14.6%.
Average Age of Homes
- The median age of North Elba real estate is 50 years old
The Rental Market in North Elba
- Renters make up 28.7% of the North Elba population
- 1.3% of houses and apartments in North Elba, 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.