The housing market in Sheridan, NY is a strong one with the median value of homes standing at $236,500. This value is far lower than the US House Median Value of $338,100 and suggests that Sheridan is an affordable location to purchase a home. Additionally, the 1 year house appreciation in Sheridan was 10.77%, which is higher than the US 1 year House Appreciation of 8.27%. This indicates both large demand and appreciation for properties in this area and highlights it as a good investment opportunity for those looking to buy or sell in the near future.
The median home cost in Sheridan is $236,500. Home appreciation the last 10 years has been 86.6%. Home Appreciation in Sheridan is up 13.9%.
Average Age of Homes
- The median age of Sheridan real estate is 61 years old
The Rental Market in Sheridan
- Renters make up 12.1% of the Sheridan population
- 0.0% of houses and apartments in Sheridan, 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.