The housing market in 12078 Gloversville, NY is thriving with a median value of $133,200. This is substantially lower than the US median house value at $338,100. In comparison to the US house appreciation rate of 8.27%, the rate in Gloversville has been even more impressive with a 1 year appreciation of 9.88%. This means that homes in 12078 Gloversville have seen an increase in value over the past year and could be a good investment for those looking to buy or rent a home.
The median home cost in Gloversville (zip 12078) is $133,200. Home appreciation the last 10 years has been 49.3%. Home Appreciation in Gloversville (zip 12078) is up 11.8%.
Average Age of Homes
- The median age of Gloversville (zip 12078) real estate is 71 years old
The Rental Market in Gloversville (zip 12078)
- Renters make up 32.0% of the Gloversville (zip 12078) population
- 1.4% of houses and apartments in Gloversville (zip 12078), 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.