Summerhill, NY is a great place to invest in housing. The current median value of homes in Summerhill is $210,000, which is significantly lower than the US median value of $338,100. In addition to a lower median value, Summerhill also has seen a higher appreciation rate over the past year compared to the national growth with an 11.20% appreciation rate versus 8.27%. This makes Summerhill an attractive option for those looking to purchase a home and benefit from higher returns over time.
The median home cost in Summerhill is $210,000. Home appreciation the last 10 years has been 63.0%. Home Appreciation in Summerhill is up 13.7%.
Average Age of Homes
- The median age of Summerhill real estate is 41 years old
The Rental Market in Summerhill
- Renters make up 7.2% of the Summerhill population
- 0.0% of houses and apartments in Summerhill, 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.