The housing in Tuxedo, NY is a great investment. The median value of a home here is $732,500, which is more than double the US house median value of $338,100. Over the past year the US house appreciation rate was 8.27%, however in Tuxedo it was even higher at 14.52%. This makes Tuxedo an attractive destination for those looking to invest in real estate with good potential returns on their investment.
The median home cost in Tuxedo is $732,500. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Tuxedo is up 17.6%.
Average Age of Homes
- The median age of Tuxedo real estate is 52 years old
The Rental Market in Tuxedo
- Renters make up 20.3% of the Tuxedo population
- 1.5% of houses and apartments in Tuxedo, 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.