Newfane, VT is an excellent place to invest in housing. The median value of a house in Newfane is $319,400, which is slightly lower than the US House Median Value of $338,100. However, it has had much higher appreciation rates than the US average with a 1 year House Appreciation of 15.30%, compared to 8.27% nationally. This makes it a great investment for anyone looking to buy or rent a house in Newfane. With such a high rate of return on your investments, you can be sure that you are making wise decisions when it comes to investing in properties in this area.
The median home cost in Newfane is $319,400. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Newfane is up 19.1%.
Average Age of Homes
- The median age of Newfane real estate is 46 years old
The Rental Market in Newfane
- Renters make up 11.4% of the Newfane population
- 0.0% of houses and apartments in Newfane, 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.