The housing market in South Blooming Grove, NY is booming. The median value of homes in the area is $370,300, which is significantly higher than the US House Median Value of $338,100. Over the past year, appreciation for houses in South Blooming Grove has been strong at 14.52%, compared to just 8.27% across America as a whole. Clearly investing in housing here is a great financial move and many are taking advantage of the growing real estate market in the area.
The median home cost in South Blooming Grove is $370,300. Home appreciation the last 10 years has been 71.2%. Home Appreciation in South Blooming Grove is up 17.6%.
Average Age of Homes
- The median age of South Blooming Grove real estate is 50 years old
The Rental Market in South Blooming Grove
- Renters make up 13.5% of the South Blooming Grove population
- 0.9% of houses and apartments in South Blooming Grove, 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.