The housing market in 14825 Chemung, NY is a bit lower than the US median value of $338,100 at $139,000. However, the one year appreciation rate for houses in this area is not too far behind the national average at 7.27%, which is only slightly lower than the US average of 8.27%. Overall, this makes 14825 Chemung a fairly stable and affordable place to purchase a house.
The median home cost in Chemung (zip 14825) is $139,000. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Chemung (zip 14825) is up 12.7%.
Average Age of Homes
- The median age of Chemung (zip 14825) real estate is 54 years old
The Rental Market in Chemung (zip 14825)
- Renters make up 16.3% of the Chemung (zip 14825) population
- 4.6% of houses and apartments in Chemung (zip 14825), 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.