The housing market in 13350 Herkimer, NY is thriving. The median value of homes in the area is $129,700, which is lower than the US median of $338,100. This provides a great opportunity for people looking to buy a home at an affordable price. Furthermore, house appreciation in 13350 Herkimer has been increasing over the last year at 11.97%, higher than the national average of 8.27%. This indicates that now may be a good time to invest in this area's housing market as prices are expected to continue going up in the future.
The median home cost in Herkimer (zip 13350) is $129,700. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Herkimer (zip 13350) is up 15.8%.
Average Age of Homes
- The median age of Herkimer (zip 13350) real estate is 78 years old
The Rental Market in Herkimer (zip 13350)
- Renters make up 43.8% of the Herkimer (zip 13350) population
- 0.7% of houses and apartments in Herkimer (zip 13350), 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.