The housing market in Chemung, NY County is booming. The median value of homes is $144,700 compared to the US median value of $338,100, making it an attractive option for those looking for more affordable housing options. The 1 year house appreciation rate in Chemung County also exceeds the US rate at 12.32%, making it a great place to invest in real estate. With its affordable home prices and high appreciation rates, Chemung County is an ideal place to call home.
The median home cost in Chemung County is $144,700. Home appreciation the last 10 years has been 39.6%. Home Appreciation in Chemung County is up 7.2%.
Average Age of Homes
- The median age of Chemung County real estate is 64 years old
The Rental Market in Chemung County
- Renters make up 29.3% of the Chemung County population
- 2.0% of houses and apartments in Chemung County, 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.