Chenango, NY County is an area with a relatively low median housing value compared to the US median of $338,100. However, it has seen a strong appreciation rate in the past year of 10.69%, which is higher than the national average rate of 8.27%. This suggests that Chenango is becoming a more desirable market for potential homeowners and investors alike. As such, real estate prices in this area may continue to rise over time as more individuals look to take advantage of its relatively lower cost of living.
The median home cost in Chenango County is $139,700. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Chenango County is up 15.1%.
Average Age of Homes
- The median age of Chenango County real estate is 53 years old
The Rental Market in Chenango County
- Renters make up 19.2% of the Chenango County population
- 0.5% of houses and apartments in Chenango 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.