Providence, NY is a desirable place to live with a median house value of $308,300. Compared to the US median house value of $338,100, Providence houses are more affordable. The US one-year house appreciation rate is 8.27%, while in Providence it's even higher at 9.97%. This makes Providence an attractive option for both current and prospective homeowners looking for an investment opportunity. With its great location and relatively lower prices compared to other areas, housing in Providence is sure to remain popular and valuable in the years to come.
The median home cost in Providence is $308,300. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Providence is up 12.5%.
Average Age of Homes
- The median age of Providence real estate is 31 years old
The Rental Market in Providence
- Renters make up 7.9% of the Providence population
- 0.0% of houses and apartments in Providence, 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.