Zip 13114 (Mexico, NY) Housing

The housing market in 13114 Mexico, NY is doing quite well. The median home value in the area is $167,400, which is substantially lower than the US house median value of $338,100. However, the one-year house appreciation rate for 13114 Mexico, NY is 9.97%, while the US 1 year house appreciation rate is only 8.27%. This means that the homes in this area are becoming more valuable and that people living there are likely to see a return on their investment if they decide to sell. Overall, it seems that 13114 Mexico, NY has a strong housing market with potential for positive returns in the near future.

The median home cost in Mexico (zip 13114) is $167,400. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Mexico (zip 13114) is up 18.8%.

Average Age of Homes

- The median age of Mexico (zip 13114) real estate is 38 years old

The Rental Market in Mexico (zip 13114)

- Renters make up 17.7% of the Mexico (zip 13114) population
- 1.1% of houses and apartments in Mexico (zip 13114), 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	Mexico, New York	United States
	3,323.0	139,647,020.0
	42	42
	$167,400	$338,100
	18.8%	16.6%
	52.9%	57.0%
	65.2%	101.1%
	$27.51	$10.98
	$3,574	$2,690
	67.9%	57.4%
	11.6%	11.2%
	20.5%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.3%	0.4%
	7.3%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	4.1%	2.4%
	4.3%	2.8%
	13.5%	3.9%
	10.5%	4.5%
	27.6%	11.3%
	23.1%	13.0%
	8.7%	20.1%
	3.0%	13.6%
	2.3%	8.3%
	0.5%	9.7%
	0.1%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	14.1%	13.6%
	21.7%	13.2%
	15.5%	14.8%
	14.1%	13.6%
	4.3%	10.0%
	3.8%	4.7%
	23.4%	12.2%

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