Zip 14802 (Alfred, NY) Housing

The median housing value in 14802 Alfred, NY is $148,700 which is much lower than the US house median value of $338,100. Despite the significant difference in median price, the 1-year house appreciation rate of 7.27% in Alfred is only slightly lower than the US average of 8.27%. This indicates that while Alfred may have more affordable homes than other parts of the country, it still offers a solid investment opportunity as home prices increase steadily in response to demand from buyers.

The median home cost in Alfred (zip 14802) is $148,700. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Alfred (zip 14802) is up 12.7%.

Average Age of Homes

- The median age of Alfred (zip 14802) real estate is 50 years old

The Rental Market in Alfred (zip 14802)

- Renters make up 54.2% of the Alfred (zip 14802) population
- 6.1% of houses and apartments in Alfred (zip 14802), 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

Housing	Alfred, New York	United States
	477.0	139,647,020.0
	57	42
	$148,700	$338,100
	12.7%	16.6%
	38.9%	57.0%
	52.4%	101.1%
	$32.23	$10.98
	$5,014	$2,690
	45.9%	57.4%
	20.3%	11.2%
	33.8%	31.4%
Vacant Housing
	6.1%	1.9%
	4.0%	0.4%
	5.2%	0.7%
	0.0%	0.4%
	1.7%	3.6%
	3.4%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	2.3%	2.4%
	8.2%	2.8%
	7.3%	3.9%
	11.4%	4.5%
	30.1%	11.3%
	33.3%	13.0%
	4.1%	20.1%
	0.5%	13.6%
	0.0%	8.3%
	1.4%	9.7%
	1.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.3%	13.6%
	1.3%	13.6%
	3.8%	13.6%
	6.9%	13.2%
	18.2%	14.8%
	3.8%	13.6%
	4.0%	10.0%
	7.1%	4.7%
	26.0%	12.2%

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