Zip 14072 (Grand Island, NY) Housing

The median value of a home in Grand Island, NY 14072 is $320,500, which is slightly lower than the US House Median Value of $338,100. However, it has experienced a higher one year house appreciation than the national average at 10.81%, compared to 8.27% across the US. This suggests that buying a home in Grand Island could be an attractive investment option as property values are likely to continue to rise.

The median home cost in Grand Island (zip 14072) is $320,500. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Grand Island (zip 14072) is up 13.0%.

Average Age of Homes

- The median age of Grand Island (zip 14072) real estate is 43 years old

The Rental Market in Grand Island (zip 14072)

- Renters make up 19.7% of the Grand Island (zip 14072) population
- 0.8% of houses and apartments in Grand Island (zip 14072), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grand Island, New York	United States
	9,061.0	139,647,020.0
	46	42
	$320,500	$338,100
	13.0%	16.6%
	56.7%	57.0%
	85.1%	101.1%
	$21.35	$10.98
	$4,960	$2,690
	77.2%	57.4%
	2.9%	11.2%
	19.9%	31.4%
Vacant Housing
	0.8%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.7%	2.4%
	0.0%	2.8%
	0.6%	3.9%
	1.1%	4.5%
	21.4%	11.3%
	16.5%	13.0%
	31.0%	20.1%
	20.0%	13.6%
	4.4%	8.3%
	3.0%	9.7%
	0.7%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.0%	13.6%
	7.0%	13.6%
	11.7%	13.6%
	11.9%	13.2%
	19.0%	14.8%
	11.7%	13.6%
	15.7%	10.0%
	6.3%	4.7%
	3.9%	12.2%

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