Housing in Hancock, NY (13783) is a great option for those looking for value. The median value of a house in Hancock is $170,700, which is significantly lower than the US median value of $338,100. Additionally, the one year house appreciation rate in Hancock was 8.92%, higher than that of the US at 8.27%. Therefore, investing in real estate in Hancock has the potential to yield greater returns due to the lower cost and higher appreciation rate.
The median home cost in Hancock (zip 13783) is $170,700. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Hancock (zip 13783) is up 14.8%.
Average Age of Homes
- The median age of Hancock (zip 13783) real estate is 53 years old
The Rental Market in Hancock (zip 13783)
- Renters make up 11.2% of the Hancock (zip 13783) population
- 0.5% of houses and apartments in Hancock (zip 13783), 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.