Housing in 12974 Port Henry, NY has seen a remarkable increase in value over the past year. The median value of housing in the area is currently $128,400, which is substantially lower than the US median house price of $338,100. Despite this difference, the 1-year appreciation rate for homes in Port Henry is 12.09%, significantly higher than the national appreciation rate of 8.27%. This indicates that property values are increasing rapidly and housing in Port Henry may be a sound investment for those looking to buy or invest in real estate.
The median home cost in Port Henry (zip 12974) is $128,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Port Henry (zip 12974) is up 14.6%.
Average Age of Homes
- The median age of Port Henry (zip 12974) real estate is 75 years old
The Rental Market in Port Henry (zip 12974)
- Renters make up 20.4% of the Port Henry (zip 12974) population
- 0.0% of houses and apartments in Port Henry (zip 12974), 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.