The housing market in Preble, NY is vibrant and healthy. The median value of homes in the area is $187,300, compared to the US median value of $338,100. Furthermore, the one-year appreciation rate for homes in Preble is 10.21%, higher than the US average rate of 8.27%. This suggests a strong demand for homes in the area and steady growth in home values over time. Overall, the housing market in Preble is a stable investment with plenty of opportunity for future growth.
The median home cost in Preble is $187,300. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Preble is up 17.8%.
Average Age of Homes
- The median age of Preble real estate is 52 years old
The Rental Market in Preble
- Renters make up 13.7% of the Preble population
- 0.0% of houses and apartments in Preble, 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.