Zip 12463 (Palenville, NY) Housing

The housing market in 12463 Palenville, NY is a hot one. The median value of homes is currently at $297,000, which is lower than the US House Median Value of $338,100. However, this area has seen an impressive 1 year house appreciation of 14.80%, much higher than the US House Appreciation rate at 8.27%. This shows that homes in 12463 Palenville, NY are increasing in value at a faster rate than the national average and could be an excellent opportunity for those looking to invest in property.

The median home cost in Palenville (zip 12463) is $297,000. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Palenville (zip 12463) is up 24.5%.

Average Age of Homes

- The median age of Palenville (zip 12463) real estate is 57 years old

The Rental Market in Palenville (zip 12463)

- Renters make up 14.4% of the Palenville (zip 12463) population
- 0.5% of houses and apartments in Palenville (zip 12463), 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	Palenville, New York	United States
	778.0	139,647,020.0
	65	42
	$297,000	$338,100
	24.5%	16.6%
	88.6%	57.0%
	109.3%	101.1%
	$22.81	$10.98
	$4,225	$2,690
	63.8%	57.4%
	21.2%	11.2%
	15.0%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	4.5%	0.7%
	0.0%	0.4%
	9.6%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	1.4%	2.8%
	3.4%	3.9%
	4.2%	4.5%
	24.2%	11.3%
	34.1%	13.0%
	21.0%	20.1%
	0.0%	13.6%
	7.9%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	3.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	2.6%	13.6%
	12.5%	13.2%
	8.2%	14.8%
	2.6%	13.6%
	4.5%	10.0%
	18.6%	4.7%
	28.8%	12.2%

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