Phoenix, NY is a great place to live, with its housing median value coming in at $181,600. This is well below the US House Median Value of $338,100 and the 1 year US House Appreciation rate of 8.27%. In Phoenix, however, the 1 year house appreciation rate is 9.97%, showing that real estate here has been growing quickly and steadily. With this combination of affordability and appreciation potential, many people are choosing Phoenix as their home.
The median home cost in Phoenix is $181,600. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Phoenix is up 18.8%.
Average Age of Homes
- The median age of Phoenix real estate is 68 years old
The Rental Market in Phoenix
- Renters make up 49.0% of the Phoenix population
- 0.0% of houses and apartments in Phoenix, 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.