The housing market in Pomfret, NY is thriving. The median value for homes in the area is $247,100, which is significantly lower than the US house median value of $338,100. Although the national house appreciation rate has been 8.27%, homes in Pomfret have experienced a 10.88% appreciation rate over the past year. This indicates that the market in Pomfret is strong and people are investing in real estate within the city limits.
The median home cost in Pomfret is $247,100. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Pomfret is up 13.1%.
Average Age of Homes
- The median age of Pomfret real estate is 69 years old
The Rental Market in Pomfret
- Renters make up 26.4% of the Pomfret population
- 2.2% of houses and apartments in Pomfret, 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.