The housing market in Westmere, NY is thriving with the median value of homes reaching $285,200, which is slightly lower than the US median value of $338,100. Over the past year, homes in Westmere have appreciated by 8.95%, which is higher than the national average of 8.27%. This suggests that investing in real estate in Westmere can be a great way to generate long-term returns. With its steady growth and low median house prices, the housing market in Westmere remains an attractive option for prospective homebuyers.
The median home cost in Westmere is $285,200. Home appreciation the last 10 years has been 48.7%. Home Appreciation in Westmere is up 11.3%.
Average Age of Homes
- The median age of Westmere real estate is 46 years old
The Rental Market in Westmere
- Renters make up 41.0% of the Westmere population
- 1.3% of houses and apartments in Westmere, 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.