Tappan, NY is an affluent town located in Rockland County and the current housing median value is $571,500, which is significantly higher than the US house median value of $338,100. In addition to this, over the course of one year, the US house appreciation rate was 8.27%, while Tappan saw a much larger appreciation rate of 14.52%. This demonstrates the strong potential for real estate investment in Tappan and suggests that now may be a good time to purchase a home in this area.
The median home cost in Tappan is $571,500. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Tappan is up 17.6%.
Average Age of Homes
- The median age of Tappan real estate is 50 years old
The Rental Market in Tappan
- Renters make up 3.7% of the Tappan population
- 0.0% of houses and apartments in Tappan, 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.