Savannah, NY is a great place to invest in housing as the median value of homes is $127,700 - significantly lower than the US House Median Value of $338,100. Even though it is slightly cheaper than average, the 1 year house appreciation rate in Savannah, NY is an impressive 9.99%, which is higher than the US average rate of 8.27%. This indicates that the housing market in Savannah, NY is thriving and growing at a rapid pace despite its relatively low prices. Investing in housing in Savannah makes for a smart decision for potential homeowners and investors alike.
The median home cost in Savannah is $127,700. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Savannah is up 18.7%.
Average Age of Homes
- The median age of Savannah real estate is 55 years old
The Rental Market in Savannah
- Renters make up 16.5% of the Savannah population
- 0.0% of houses and apartments in Savannah, 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.