The housing market in 12427 Elka Park, NY is much higher than the national average. According to the data provided, the median value of homes is $355,900 and has increased by 14.80% over the past year. This is far higher than the national median home value of $338,100 and a substantially higher appreciation rate of 8.27%. Therefore, investing in housing in 12427 Elka Park could be a good option for those interested in real estate investment.
The median home cost in Elka Park (zip 12427) is $355,900. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Elka Park (zip 12427) is up 24.5%.
Average Age of Homes
- The median age of Elka Park (zip 12427) real estate is 78 years old
The Rental Market in Elka Park (zip 12427)
- Renters make up 3.1% of the Elka Park (zip 12427) population
- 0.0% of houses and apartments in Elka Park (zip 12427), 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.