Zip 12976 (Rainbow Lake, NY) Housing


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United States / New York / Malone Metro Area / Franklin County / No City / Rainbow Lake (zip 12976)
The housing in 12976 Rainbow Lake, NY is very desirable and has seen exceptional appreciation over the last year. The median value of homes in this area is $363,800 which is significantly higher than the US house median value of $338,100. This reflects the strong demand for housing in this area and its tight housing market. The house appreciation in 12976 Rainbow Lake, NY was 12.09% over the past year compared to a national average of 8.27%. This indicates that this area is an excellent investment for potential homeowners due to its steady appreciation rate and overall desirable location.

The median home cost in Rainbow Lake (zip 12976) is $363,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Rainbow Lake (zip 12976) is up 14.6%.

Average Age of Homes
- The median age of Rainbow Lake (zip 12976) real estate is 42 years old
The Rental Market in Rainbow Lake (zip 12976)
- Renters make up 4.5% of the Rainbow Lake (zip 12976) population
- 0.0% of houses and apartments in Rainbow Lake (zip 12976), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingRainbow Lake, New YorkUnited States
  251.0139,647,020.0
  4742
  $363,800$338,100
  14.6%16.6%
  55.4%57.0%
  64.5%101.1%
  $19.21$10.98
  $3,200$2,690
  34.7%57.4%
  56.6%11.2%
  8.8%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  55.0%3.6%
  1.6%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  0.0%2.8%
  2.3%3.9%
  10.3%4.5%
  9.2%11.3%
  13.8%13.0%
  16.1%20.1%
  14.9%13.6%
  13.8%8.3%
  8.0%9.7%
  9.2%3.9%
  0.0%2.2%
  2.3%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  11.6%13.6%
  11.6%13.6%
  9.2%13.6%
  21.5%13.2%
  12.0%14.8%
  9.2%13.6%
  5.2%10.0%
  2.4%4.7%
  23.9%12.2%
Commute