The housing market in Peru, NY (12972) is doing very well. According to the data, the median value of a home in this area is $220,200 - lower than the US median value of $338,100. However, homes in Peru have appreciated faster than the national rate of 8.27% in the past year-the appreciation rate for this area has been 12.09%. This rapid appreciation across all housing types indicates a strong local housing market and suggests that now is an excellent time to invest in real estate here.
The median home cost in Peru (zip 12972) is $220,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Peru (zip 12972) is up 14.6%.
Average Age of Homes
- The median age of Peru (zip 12972) real estate is 38 years old
The Rental Market in Peru (zip 12972)
- Renters make up 12.1% of the Peru (zip 12972) population
- 0.0% of houses and apartments in Peru (zip 12972), 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.