The housing market in Redford, New York is on the rise and growing rapidly. The median value for a home in this area of New York is $119,600, which is far below the national average of $338,100. However, over the past year house appreciation in Redford has increased by 12.09%, much higher than the US average of 8.27%. This could be a sign that Redford may be a place to invest in real estate as it sees more growth and appreciation from buyers looking for affordable housing options near major cities like New York City.
The median home cost in Redford (zip 12978) is $119,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Redford (zip 12978) is up 14.6%.
Average Age of Homes
- The median age of Redford (zip 12978) real estate is 42 years old
The Rental Market in Redford (zip 12978)
- Renters make up 0.0% of the Redford (zip 12978) population
- 0.0% of houses and apartments in Redford (zip 12978), 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.