The housing market in 12927 Cranberry Lake, New York is experiencing higher appreciation than the national average. The median value for housing in 12927 Cranberry Lake is $257,100 and has experienced a 12.09% 1 year house appreciation rate compared to the US House Median Value of $338,100 and 8.27% 1 year house appreciation nationwide. This shows that 12927 Cranberry Lake is an attractive area for real estate investment due to its higher appreciation rates which could be beneficial to buyers looking for long-term returns on their investment.
The median home cost in Cranberry Lake (zip 12927) is $257,100. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Cranberry Lake (zip 12927) is up 14.6%.
Average Age of Homes
- The median age of Cranberry Lake (zip 12927) real estate is 57 years old
The Rental Market in Cranberry Lake (zip 12927)
- Renters make up 2.0% of the Cranberry Lake (zip 12927) population
- 0.0% of houses and apartments in Cranberry Lake (zip 12927), 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.