The housing market in Peach Lake, NY is strong and stable. The median value of housing is currently $412,700, which is higher than the US House Median Value of $338,100. In the past year, there has been a slight increase in the appreciation rate for houses in Peach Lake, NY with an 8.27% increase compared to the US 1 year House Appreciation rate of 7.98%. This indicates that housing values are continuing to rise here and people feel confident investing in real estate within this area.
The median home cost in Peach Lake is $412,700. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Peach Lake is up 10.6%.
Average Age of Homes
- The median age of Peach Lake real estate is 53 years old
The Rental Market in Peach Lake
- Renters make up 10.4% of the Peach Lake population
- 0.0% of houses and apartments in Peach Lake, 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.