The housing market in Bombay, NY (12914) is doing quite well compared to the national median value of $338,100. The median value of homes in Bombay is $125,400, which reflects a 12.09% appreciation rate over the past year. This is significantly higher than the 8.27% rate across the United States. It appears that the housing market in Bombay has been outperforming the average throughout the country for some time now and looks likely to continue to do so into the future.
The median home cost in Bombay (zip 12914) is $125,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Bombay (zip 12914) is up 14.6%.
Average Age of Homes
- The median age of Bombay (zip 12914) real estate is 50 years old
The Rental Market in Bombay (zip 12914)
- Renters make up 15.0% of the Bombay (zip 12914) population
- 0.0% of houses and apartments in Bombay (zip 12914), 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.