The housing market in 10963 Otisville, NY is doing much better than the U.S. overall. The median value of a house in 10963 Otisville, NY is $340,100, which is slightly above the U.S. median value of $338,100. Additionally, the one-year appreciation rate for houses in 10963 Otisville, NY has been 14.52%, significantly higher than the U.S. average of 8.27%. This indicates that properties in this area are gaining value faster than those across the nation as a whole and may be an attractive option for potential homebuyers looking to invest in the future of their property's value.
The median home cost in Otisville (zip 10963) is $340,100. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Otisville (zip 10963) is up 17.6%.
Average Age of Homes
- The median age of Otisville (zip 10963) real estate is 50 years old
The Rental Market in Otisville (zip 10963)
- Renters make up 11.7% of the Otisville (zip 10963) population
- 0.7% of houses and apartments in Otisville (zip 10963), 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.