Gloversville, NY Metro Area is a desirable place to live, evidenced by its higher than average median housing value compared to the US average. The median housing value in Gloversville is $173,800, which is significantly lower than the US median of $338,100. The appreciation rate for house values in Gloversville has been even more impressive; over the last year, it has increased by 12.17%, outperforming the US average of 8.27%. With such a vibrant housing market, Gloversville continues to attract homebuyers from all over looking to capitalize on these attractive prices and strong appreciation rates.
The median home cost in Gloversville Metro Area is $173,800. Home appreciation the last 10 years has been 50.1%. Home Appreciation in Gloversville Metro Area is up 11.9%.
Average Age of Homes
- The median age of Gloversville Metro Area real estate is 63 years old
The Rental Market in Gloversville Metro Area
- Renters make up 24.1% of the Gloversville Metro Area population
- 0.7% of houses and apartments in Gloversville Metro Area, 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.