Housing in 12204 Menands, NY is relatively expensive compared to the national median value of $338,100. The median value of a house in this area is $256,700 which represents a significant difference from the US average. Additionally, the 1 year house appreciation rate in 12204 Menands is 8.56%, slightly higher than the US average of 8.27%. This suggests that homes in this area may appreciate more than other parts of the country over time.
The median home cost in Menands (zip 12204) is $256,700. Home appreciation the last 10 years has been 48.3%. Home Appreciation in Menands (zip 12204) is up 11.1%.
Average Age of Homes
- The median age of Menands (zip 12204) real estate is 48 years old
The Rental Market in Menands (zip 12204)
- Renters make up 60.2% of the Menands (zip 12204) population
- 0.2% of houses and apartments in Menands (zip 12204), 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.