The housing market in Malone, NY (12953) is strong with the median home value reaching $132,600. This is significantly lower than the national median home value of $338,100 and demonstrates that Malone provides an affordable option for potential homeowners. Moreover, the one year appreciation rate for homes in Malone stands at 12.09%, higher than the US average of 8.27%. These numbers reflect a healthy local housing market with increasing values year-over-year and demonstrate that now could be a great time to invest in or move to Malone.
The median home cost in Malone (zip 12953) is $132,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Malone (zip 12953) is up 14.6%.
Average Age of Homes
- The median age of Malone (zip 12953) real estate is 59 years old
The Rental Market in Malone (zip 12953)
- Renters make up 26.6% of the Malone (zip 12953) population
- 1.9% of houses and apartments in Malone (zip 12953), 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.