Prattsburgh, NY is an attractive area for many home buyers due to its relatively low median housing value of $130,500 compared to the US median value of $338,100. Despite the lower cost of housing in Prattsburgh, the area has experienced a similar 1 year house appreciation rate of 8.13% to that of the US at 8.27%. With both a lower median value and increasing values, Prattsburgh could be an ideal location for those looking for a home that provides great value in a desirable area.
The median home cost in Prattsburgh is $130,500. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Prattsburgh is up 13.0%.
Average Age of Homes
- The median age of Prattsburgh real estate is 35 years old
The Rental Market in Prattsburgh
- Renters make up 13.4% of the Prattsburgh population
- 1.5% of houses and apartments in Prattsburgh, 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.