The housing market in Waterville, NY has been doing well in recent years. The median value of a house is currently $171,200, considerably lower than the US median of $338,100. However, what is particularly impressive is the annual house appreciation rate which stands at 11.97%, exceeding that of the US average of 8.27%. This suggests that although Waterville's housing prices are relatively low compared to the national median, they are on an upward trend and could reach parity with the US median in a few years' time.
The median home cost in Waterville is $171,200. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Waterville is up 15.8%.
Average Age of Homes
- The median age of Waterville real estate is 78 years old
The Rental Market in Waterville
- Renters make up 40.1% of the Waterville population
- 0.0% of houses and apartments in Waterville, 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.