Zip 12865 (Salem, NY) Housing

The housing market in 12865 Salem, NY is performing above the national average. The median value of a home in the area is $190,900, which is significantly lower than the US median value of $338,100. In addition, house appreciation over the past year has been 9.95%, slightly higher than the 8.27% appreciation seen nationally. This shows that there are good investment opportunities in 12865 Salem, NY for people looking to get into real estate.

The median home cost in Salem (zip 12865) is $190,900. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Salem (zip 12865) is up 13.4%.

Average Age of Homes

- The median age of Salem (zip 12865) real estate is 53 years old

The Rental Market in Salem (zip 12865)

- Renters make up 14.9% of the Salem (zip 12865) population
- 0.3% of houses and apartments in Salem (zip 12865), 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	Salem, New York	United States
	1,802.0	139,647,020.0
	61	42
	$190,900	$338,100
	13.4%	16.6%
	43.0%	57.0%
	56.3%	101.1%
	$22.57	$10.98
	$3,440	$2,690
	59.0%	57.4%
	24.4%	11.2%
	16.5%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	2.6%	0.7%
	0.0%	0.4%
	10.9%	3.6%
	10.7%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	1.0%	2.4%
	4.8%	2.8%
	7.1%	3.9%
	11.1%	4.5%
	21.3%	11.3%
	21.4%	13.0%
	16.3%	20.1%
	3.2%	13.6%
	4.1%	8.3%
	3.9%	9.7%
	0.3%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	1.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	14.5%	13.6%
	8.2%	13.2%
	8.7%	14.8%
	14.5%	13.6%
	2.6%	10.0%
	1.1%	4.7%
	50.3%	12.2%

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