The housing market in Ransomville, NY is highly desirable due to its median value of $238,500 being significantly lower than the US median of $338,100. Furthermore, one year appreciation in the area has seen a significant increase of 10.67%, compared to the US's 8.27%. This suggests that Ransomville is an attractive location for potential home buyers to invest in as they are likely to see a considerable return on their investment in a short amount of time.
The median home cost in Ransomville is $238,500. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Ransomville is up 15.9%.
Average Age of Homes
- The median age of Ransomville real estate is 70 years old
The Rental Market in Ransomville
- Renters make up 10.3% of the Ransomville population
- 0.0% of houses and apartments in Ransomville, 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.