The housing market in Ontario, NY is thriving. The median value of homes in the area is $262,800, which is significantly lower than the US median value of $338,100. However, one year house appreciation has been much higher in Ontario at 14.78%, compared to the 8.27% appreciation rate for houses across the US. These numbers suggest that real estate investment in Ontario could be a lucrative option for those looking to buy a home or invest in property.
The median home cost in Ontario is $262,800. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Ontario is up 15.3%.
Average Age of Homes
- The median age of Ontario real estate is 43 years old
The Rental Market in Ontario
- Renters make up 17.2% of the Ontario population
- 0.0% of houses and apartments in Ontario, 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.