The housing market in Orwell, NY is thriving compared to the US House Median Value of $338,100. The Housing Median Value in Orwell is reported to be $127,100 which is a much lower number than the national average. This means that buyers get more bang for their buck when buying a house in Orwell. Additionally, real estate appreciation has been strong over the past year with a 1 year House Appreciation rate of 10.36%, which is higher than the US average of 8.27%. This indicates that home prices are continuing to rise and makes Orwell an attractive location for both buyers and sellers alike.
The median home cost in Orwell is $127,100. Home appreciation the last 10 years has been 66.8%. Home Appreciation in Orwell is up 18.1%.
Average Age of Homes
- The median age of Orwell real estate is 43 years old
The Rental Market in Orwell
- Renters make up 5.6% of the Orwell population
- 0.0% of houses and apartments in Orwell, 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.