The housing market in Somers, NY is flourishing, with the median value of homes standing at $725,100, much higher than the US House Median Value of $338,100. The appreciation value on houses in Somers has also been impressive over the past year, even slightly surpassing the US 1 year House Appreciation of 8.27%, coming in at 7.98%. It is easy to see why so many people choose to live in Somers and its surrounding areas - it's a great place to purchase a home with the potential for further appreciation.
The median home cost in Somers is $725,100. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Somers is up 10.6%.
Average Age of Homes
- The median age of Somers real estate is 39 years old
The Rental Market in Somers
- Renters make up 7.7% of the Somers population
- 0.0% of houses and apartments in Somers, 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.