The housing market in 12421 Denver, NY is thriving compared to the national average. The median value of houses in this area is $292,500 which is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate is much higher than the US average at 14.80%. This means that homes in this area are becoming more valuable at a rapid pace. Investing in real estate here could potentially bring a great return on investment for buyers and sellers alike.
The median home cost in Denver (zip 12421) is $292,500. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Denver (zip 12421) is up 24.5%.
Average Age of Homes
- The median age of Denver (zip 12421) real estate is 38 years old
The Rental Market in Denver (zip 12421)
- Renters make up 2.3% of the Denver (zip 12421) population
- 2.4% of houses and apartments in Denver (zip 12421), 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.