Housing in Silver Creek, NY is an attractive option for buyers, as the median value is significantly lower than the US median value of $338,100. In addition, the 1 year house appreciation rate in Silver Creek, NY was 10.67%, which is higher than the US average of 8.27%. This indicates that housing prices are increasing at a faster rate in Silver Creek than in other areas of the country. With this information, potential buyers should be aware of the benefits that come with investing in real estate in Silver Creek.
The median home cost in Silver Creek is $154,600. Home appreciation the last 10 years has been 89.7%. Home Appreciation in Silver Creek is up 15.9%.
Average Age of Homes
- The median age of Silver Creek real estate is 78 years old
The Rental Market in Silver Creek
- Renters make up 23.9% of the Silver Creek population
- 7.2% of houses and apartments in Silver Creek, 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.