The housing market in West Babylon, NY is very strong. Median value of homes in the area is $511,100, which is significantly higher than the US median value of $338,100. In the past year, appreciation for homes in West Babylon was 9.97%, compared to 8.27% nationally. This indicates that West Babylon's housing market is outperforming other areas across the United States. With this kind of growth and appreciation rate, West Babylon could be an ideal destination for those looking to invest in real estate.
The median home cost in West Babylon is $511,100. Home appreciation the last 10 years has been 71.3%. Home Appreciation in West Babylon is up 13.1%.
Average Age of Homes
- The median age of West Babylon real estate is 55 years old
The Rental Market in West Babylon
- Renters make up 22.5% of the West Babylon population
- 0.4% of houses and apartments in West Babylon, 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.