The housing market in North Hornell, NY is a great option for those looking for an affordable home. The median value of homes in this area is $166,000, which is much lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in North Hornell is 7.27%, which is only slightly lower than the US 1 year appreciation rate of 8.27%. With an affordable cost of living and steady house appreciation rates, North Hornell is a great place to consider when buying a home.
The median home cost in North Hornell is $166,000. Home appreciation the last 10 years has been 52.4%. Home Appreciation in North Hornell is up 12.7%.
Average Age of Homes
- The median age of North Hornell real estate is 70 years old
The Rental Market in North Hornell
- Renters make up 12.7% of the North Hornell population
- 0.0% of houses and apartments in North Hornell, 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.