The housing market in 12449 Lake Katrine, NY is very healthy. The median value of homes in the area currently sits at $288,600, which is slightly lower than the US House Median Value of $338,100. Although the median value is lower than the US average, the rate of appreciation of homes in 12449 Lake Katrine is much higher than the national average. In one year's time, home values have appreciated by 14.80%, well above the US 1 year House Appreciation rate of 8.27%. This suggests that home values in this area are likely to continue increasing at a rapid pace for some time to come.
The median home cost in Lake Katrine (zip 12449) is $288,600. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Lake Katrine (zip 12449) is up 24.5%.
Average Age of Homes
- The median age of Lake Katrine (zip 12449) real estate is 48 years old
The Rental Market in Lake Katrine (zip 12449)
- Renters make up 30.4% of the Lake Katrine (zip 12449) population
- 0.0% of houses and apartments in Lake Katrine (zip 12449), 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.