Rensselaer County, New York has an appealing housing market with a median value of $257,000. This is lower than the US house median value of $338,100 but still relatively high compared to surrounding areas. The one-year house appreciation in Rensselaer County is 6.68%, which is lower than the US one-year house appreciation rate of 8.27%. With a lower cost and a similar appreciation rate to the national average, Rensselaer County provides a great opportunity for potential homebuyers looking for affordable housing in the area.
The median home cost in Rensselaer County is $257,000. Home appreciation the last 10 years has been 51.8%. Home Appreciation in Rensselaer County is up 11.9%.
Average Age of Homes
- The median age of Rensselaer County real estate is 59 years old
The Rental Market in Rensselaer County
- Renters make up 31.1% of the Rensselaer County population
- 2.0% of houses and apartments in Rensselaer 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.