The housing market in Pomona, NY is robust, with the median value of homes at $612,600. This is significantly higher than the US median house value of $338,100. Furthermore, trends show that there has been an extraordinary appreciation for homes in Pomona over the past year, with a 14.52% increase from its 2018 level compared to the 8.27% national average. This shows that for those looking to invest in real estate or purchase a home in Pomona, now is an ideal time to do so as the prices are rising quickly but still remain relatively low compared to other parts of the country.
The median home cost in Pomona is $612,600. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Pomona is up 17.6%.
Average Age of Homes
- The median age of Pomona real estate is 41 years old
The Rental Market in Pomona
- Renters make up 7.0% of the Pomona population
- 0.0% of houses and apartments in Pomona, 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.