The housing market in 12780 Sparrow Bush, NY is doing better than the national average. The median housing value in 12780 Sparrow Bush, NY is $284,800 which is far below the US median of $338,100. However, the house appreciation rate in 12780 Sparrow Bush is 12.09%, while the US rate only stands at 8.27%. This indicates that people are investing in this area and that values are rising quickly. The higher appreciation rates also suggest that there are a lot of opportunities for homeowners or investors to make money off their real estate investments here.
The median home cost in Sparrow Bush (zip 12780) is $284,800. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Sparrow Bush (zip 12780) is up 14.6%.
Average Age of Homes
- The median age of Sparrow Bush (zip 12780) real estate is 44 years old
The Rental Market in Sparrow Bush (zip 12780)
- Renters make up 13.3% of the Sparrow Bush (zip 12780) population
- 2.6% of houses and apartments in Sparrow Bush (zip 12780), 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.