Richford, NY is a great place to invest in homes. The median housing value in the area is $131,500 which is significantly lower than the US median of $338,100. This difference in price provides a great opportunity for prospective homeowners with limited budgets. Additionally, house appreciation rates over the past year are 8.81% in Richford, while the US rate is at 8.27%, indicating that housing values have been increasing steadily in Richford and making it an even more attractive option for potential buyers.
The median home cost in Richford is $131,500. Home appreciation the last 10 years has been 50.9%. Home Appreciation in Richford is up 14.7%.
Average Age of Homes
- The median age of Richford real estate is 36 years old
The Rental Market in Richford
- Renters make up 13.4% of the Richford population
- 0.0% of houses and apartments in Richford, 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.