The housing market in Montgomery, NY County is very attractive for buyers. The median value of a house is $158,500 which is much lower than the US median value of $338,100. Additionally, the one year house appreciation rate in Montgomery County is 11.69%, which is 3.42% higher than the US average of 8.27%. These factors make buying or investing in a house in Montgomery County an attractive option for many homebuyers.
The median home cost in Montgomery County is $158,500. Home appreciation the last 10 years has been 56.8%. Home Appreciation in Montgomery County is up 13.0%.
Average Age of Homes
- The median age of Montgomery County real estate is 73 years old
The Rental Market in Montgomery County
- Renters make up 27.7% of the Montgomery County population
- 1.1% of houses and apartments in Montgomery 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.