Housing in 14532 Phelps, NY is both more affordable and appreciating faster than the US median. The median home value in this area is $186,700, significantly below the US median of $338,100. In addition, housing appreciation over the past year has been 14.78%, much higher than the 8.27% seen nationally. This indicates that housing in 14532 Phelps is a good investment for buyers looking for an affordable house with potential for strong returns on their investment.
The median home cost in Phelps (zip 14532) is $186,700. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Phelps (zip 14532) is up 15.3%.
Average Age of Homes
- The median age of Phelps (zip 14532) real estate is 66 years old
The Rental Market in Phelps (zip 14532)
- Renters make up 26.1% of the Phelps (zip 14532) population
- 1.6% of houses and apartments in Phelps (zip 14532), 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.