The housing market in 14731 Ellicottville, NY is strong. The median value of a house in this area is $347,400, which is slightly higher than the US House Median Value of $338,100. Additionally, the 1 year appreciation rate for the US Housing Market was 8.27%, whereas in 14731 Ellicottville, NY it was 12.09%. This indicates that house prices are on the rise in this region and that now is a great time to invest in real estate here.
The median home cost in Ellicottville (zip 14731) is $347,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Ellicottville (zip 14731) is up 14.6%.
Average Age of Homes
- The median age of Ellicottville (zip 14731) real estate is 32 years old
The Rental Market in Ellicottville (zip 14731)
- Renters make up 4.7% of the Ellicottville (zip 14731) population
- 0.7% of houses and apartments in Ellicottville (zip 14731), 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.