The housing market in 13618 Cape Vincent, NY is performing very well compared to the US median. The median value of a home in 13618 Cape Vincent, NY is $217,600, which is significantly lower than the US median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year house appreciation rate in 13618 Cape Vincent, NY is 9.27%. This indicates that the housing market in this area has grown significantly over the past year and remains strong. With a relatively low median value of homes and higher appreciation rates than average, it can be concluded that 13618 Cape Vincent, NY presents an attractive investment opportunity for prospective buyers.
The median home cost in Cape Vincent (zip 13618) is $217,600. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Cape Vincent (zip 13618) is up 11.4%.
Average Age of Homes
- The median age of Cape Vincent (zip 13618) real estate is 40 years old
The Rental Market in Cape Vincent (zip 13618)
- Renters make up 6.1% of the Cape Vincent (zip 13618) population
- 0.2% of houses and apartments in Cape Vincent (zip 13618), 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.