Tompkins, NY is a great place to live with a median housing value of $229,400. This is significantly lower than the US housing median value of $338,100 which means that homes are more affordable in this area. The house appreciation rate in Tompkins, NY for the past year has been 8.92%, which is slightly higher than the US house appreciation rate of 8.27%. Therefore, investing in property in this area can be a lucrative option as housing values continue to increase due to the strong real estate market.
The median home cost in Tompkins is $229,400. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Tompkins is up 14.8%.
Average Age of Homes
- The median age of Tompkins real estate is 41 years old
The Rental Market in Tompkins
- Renters make up 9.3% of the Tompkins population
- 0.0% of houses and apartments in Tompkins, 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.