Housing in Beacon, NY (zip code 12508) is very desirable. The median value of a home is $456,600, much higher than the median value of a home in the U.S., which is $338,100. Over the past year the appreciation rate for homes in Beacon has been 10.37%, much higher than the 8.27% appreciation rate for all of U.S. This makes investing in this area an attractive option and makes Beacon an increasingly popular choice for potential homeowners looking to live near New York City while still enjoying some peace and quiet.
The median home cost in Beacon (zip 12508) is $456,600. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Beacon (zip 12508) is up 14.0%.
Average Age of Homes
- The median age of Beacon (zip 12508) real estate is 55 years old
The Rental Market in Beacon (zip 12508)
- Renters make up 44.3% of the Beacon (zip 12508) population
- 2.5% of houses and apartments in Beacon (zip 12508), 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.