12847 Long Lake, NY is a great place to invest in housing. According to the given information, the median value of housing in this area is $322,200, which is lower than the US House median value of $338,100. However, the 1 year house appreciation rate in 12847 Long Lake is higher than that of the US at 9.95%, signifying strong potential for growth in this area. Investing in housing at this time could provide a great return on investment as values are projected to increase over time.
The median home cost in Long Lake (zip 12847) is $322,200. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Long Lake (zip 12847) is up 13.4%.
Average Age of Homes
- The median age of Long Lake (zip 12847) real estate is 54 years old
The Rental Market in Long Lake (zip 12847)
- Renters make up 2.3% of the Long Lake (zip 12847) population
- 0.0% of houses and apartments in Long Lake (zip 12847), 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.