The housing market in Cayuga, NY County is strong and on the rise. The median value of housing in Cayuga is currently $178,700, well below the US median value of $338,100. Nevertheless, Cayuga has seen a staggering one year appreciation rate of 10.23%, almost two percentage points higher than the US average of 8.27%. As such, it is a great time to invest in property here as the market continues to improve.
The median home cost in Cayuga County is $178,700. Home appreciation the last 10 years has been 63.4%. Home Appreciation in Cayuga County is up 14.7%.
Average Age of Homes
- The median age of Cayuga County real estate is 62 years old
The Rental Market in Cayuga County
- Renters make up 23.8% of the Cayuga County population
- 1.2% of houses and apartments in Cayuga 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.