The median value of housing in 12816 Cambridge, NY is $218,400, significantly less than the US average of $338,100. However, the one-year appreciation rate of 9.95% in this area is higher than the national rate of 8.27%. This suggests that 12816 Cambridge may be a good option for potential homeowners seeking to invest in an area with growing home values without paying inflated prices.
The median home cost in Cambridge (zip 12816) is $218,400. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Cambridge (zip 12816) is up 13.4%.
Average Age of Homes
- The median age of Cambridge (zip 12816) real estate is 56 years old
The Rental Market in Cambridge (zip 12816)
- Renters make up 19.4% of the Cambridge (zip 12816) population
- 2.2% of houses and apartments in Cambridge (zip 12816), 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.