The housing market in Springwater, NY is a very desirable area for potential homeowners. The current median house value is $173,000 which is significantly less than the US median of $338,100. Furthermore, the one year appreciation rate for houses in Springwater is 14.59% which is higher than the national average of 8.27%. With such an attractive market and high appreciation rate, Springwater is an ideal location for those looking to invest in real estate or purchase a home.
The median home cost in Springwater is $173,000. Home appreciation the last 10 years has been 68.5%. Home Appreciation in Springwater is up 15.1%.
Average Age of Homes
- The median age of Springwater real estate is 50 years old
The Rental Market in Springwater
- Renters make up 7.5% of the Springwater population
- 0.0% of houses and apartments in Springwater, 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.