Seneca Falls, NY Metro Area has seen a significant change in housing value over the past year. The median value of housing in the area is $170,300, which is significantly lower than the US median value of $338,100. Despite this difference, Seneca Falls has had an impressive 1 year house appreciation rate of 13%, which is higher than the national average of 8.27%. This indicates that the area is becoming more attractive to potential home buyers, and can offer a good investment opportunity for those looking to purchase property.
The median home cost in Seneca Falls Metro Area is $170,300. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Seneca Falls Metro Area is up 17.3%.
Average Age of Homes
- The median age of Seneca Falls Metro Area real estate is 59 years old
The Rental Market in Seneca Falls Metro Area
- Renters make up 22.5% of the Seneca Falls Metro Area population
- 0.4% of houses and apartments in Seneca Falls 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.