The housing market in Torrey, NY is thriving, with a median value of $270,900. This is significantly lower than the US House Median Value of $338,100, but the appreciation rate for one year is impressive at 13.73% compared to the US average of 8.27%. Home buyers looking for affordability may find this area an attractive option. The potential for good returns on their investment within a short time makes it a good choice for those who want to make a sound financial decision.
The median home cost in Torrey is $270,900. Home appreciation the last 10 years has been 67.5%. Home Appreciation in Torrey is up 14.4%.
Average Age of Homes
- The median age of Torrey real estate is 51 years old
The Rental Market in Torrey
- Renters make up 8.6% of the Torrey population
- 3.6% of houses and apartments in Torrey, 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.