The housing median value in Cohoes, NY (12047) is $247,500, which is lower than the US average housing median value of $338,100. However, house appreciation in Cohoes has been higher than the US average – at 9.88% over the past year alone. This means that real estate prices have been increasing rapidly and more people are looking into investing in Cohoes’ housing market. It is likely that with the continued growth and appreciation of properties in Cohoes, this trend will only continue for years to come.
The median home cost in Cohoes (zip 12047) is $247,500. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Cohoes (zip 12047) is up 11.8%.
Average Age of Homes
- The median age of Cohoes (zip 12047) real estate is 68 years old
The Rental Market in Cohoes (zip 12047)
- Renters make up 44.1% of the Cohoes (zip 12047) population
- 2.3% of houses and apartments in Cohoes (zip 12047), 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.