The housing market in 12545 Millbrook, NY is a great investment opportunity. The median value of homes in this region is $552,600, which is significantly higher than the US median value of $338,100. Furthermore, there has been an impressive appreciation rate of 10.37% over the past year, as compared to the national average of 8.27%. This indicates that real estate prices in Millbrook are on an upward trend and offer potential buyers a promising return on their investments. With such an attractive market, it's no surprise that many people are choosing to invest in this area.
The median home cost in Millbrook (zip 12545) is $552,600. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Millbrook (zip 12545) is up 14.0%.
Average Age of Homes
- The median age of Millbrook (zip 12545) real estate is 53 years old
The Rental Market in Millbrook (zip 12545)
- Renters make up 42.6% of the Millbrook (zip 12545) population
- 4.3% of houses and apartments in Millbrook (zip 12545), 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.