The housing market in Morrisonville, NY is a strong one. The median value of homes in the area is $220,300, which is much lower than the national average of $338,100. This makes it an attractive option for those looking to buy a home without breaking their budget. Furthermore, the 1 year house appreciation rate for Morrisonville is 12.09%, which is considerably higher than the US national rate of 8.27%. This suggests that people would be wise to invest in real estate in this area as it offers them with potential for growth and increased resale value.
The median home cost in Morrisonville (zip 12962) is $220,300. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Morrisonville (zip 12962) is up 14.6%.
Average Age of Homes
- The median age of Morrisonville (zip 12962) real estate is 37 years old
The Rental Market in Morrisonville (zip 12962)
- Renters make up 18.9% of the Morrisonville (zip 12962) population
- 0.0% of houses and apartments in Morrisonville (zip 12962), 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.