The housing market in Bemus Point, NY (14712) is currently thriving and has seen a strong appreciation in value over the past year. The median value of homes in the area is $277,000 which is significantly lower than the average across the US of $338,100. Despite this lower entry level price point, Bemus Point has experienced an impressive 12.09% increase in home values over the last year when compared to the national rate of 8.27%. Homeowners and potential buyers in Bemus Point can be confident that their investments are likely to continue to appreciate at a healthy rate for some time.
The median home cost in Bemus Point (zip 14712) is $277,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Bemus Point (zip 14712) is up 14.6%.
Average Age of Homes
- The median age of Bemus Point (zip 14712) real estate is 54 years old
The Rental Market in Bemus Point (zip 14712)
- Renters make up 13.1% of the Bemus Point (zip 14712) population
- 0.4% of houses and apartments in Bemus Point (zip 14712), 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.