The housing market in Stephentown, NY (12168) is quite robust. The median value of a home in the area is $262,200, which is significantly lower than the US House Median Value of $338,100. Over the past year, house appreciation in Stephentown has been 12.23%, which is higher than the US 1 year House Appreciation of 8.27%. This rate of appreciation indicates that there is increased demand for housing and that investing in this area could be a wise decision for prospective homeowners.
The median home cost in Stephentown (zip 12168) is $262,200. Home appreciation the last 10 years has been 52.6%. Home Appreciation in Stephentown (zip 12168) is up 11.9%.
Average Age of Homes
- The median age of Stephentown (zip 12168) real estate is 34 years old
The Rental Market in Stephentown (zip 12168)
- Renters make up 15.0% of the Stephentown (zip 12168) population
- 3.3% of houses and apartments in Stephentown (zip 12168), 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.