Ripley, NY has an interesting housing market with a median value of $152,200. This is significantly lower than the US median house value of $338,100. However, the one year appreciation rate in Ripley was 12.09%, which is higher than the national average of 8.27%. This could potentially indicate that Ripley is on its way to a housing boom in the near future.
The median home cost in Ripley is $152,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Ripley is up 14.6%.
Average Age of Homes
- The median age of Ripley real estate is 65 years old
The Rental Market in Ripley
- Renters make up 14.4% of the Ripley population
- 1.7% of houses and apartments in Ripley, 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.