Housing in 14706 Allegany, NY is quite affordable with a median value of $166,000. This is significantly lower than the US house median value of $338,100 and provides an opportunity for potential buyers to purchase a home at an attractive price. The good news is that over the last year, there has been substantial appreciation in housing values in this location. The 1 year house appreciation rate stands at 12.09%, far higher than the national average of 8.27%. Thus, buying a home in 14706 Allegany, NY could be a great investment option as it offers an opportunity to make sound returns on one's investment.
The median home cost in Allegany (zip 14706) is $166,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Allegany (zip 14706) is up 14.6%.
Average Age of Homes
- The median age of Allegany (zip 14706) real estate is 46 years old
The Rental Market in Allegany (zip 14706)
- Renters make up 20.7% of the Allegany (zip 14706) population
- 0.7% of houses and apartments in Allegany (zip 14706), 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.