The housing market in Fort Covington Hamlet, NY (12937) is showing strong signs of appreciation. The median value of homes in the area is $114,500, significantly lower than the US national median of $338,100. However, over the past year, home appreciation has increased by 12.09%, far outpacing the nation's average growth rate of 8.27%. As a result, homeowners in Fort Covington Hamlet may experience greater returns on their investments than other parts of the country.
The median home cost in Fort Covington Hamlet (zip 12937) is $114,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Fort Covington Hamlet (zip 12937) is up 14.6%.
Average Age of Homes
- The median age of Fort Covington Hamlet (zip 12937) real estate is 46 years old
The Rental Market in Fort Covington Hamlet (zip 12937)
- Renters make up 30.6% of the Fort Covington Hamlet (zip 12937) population
- 1.1% of houses and apartments in Fort Covington Hamlet (zip 12937), 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.