The housing in 10941 Scotchtown, NY is significantly more expensive than the national average. The median value of a house in this area is $355,900 compared to the US median value which is only $338,100. This means that the area has become increasingly upscale and desirable over time. Additionally, the one year appreciation rate of houses in 10941 Scotchtown, NY is 14.52%, much higher than the US appreciation rate of 8.27%. This signifies that housing prices are continuing to rise in this area, and if you're considering purchasing property here it's best to do so sooner rather than later before prices continue to appreciate further.
The median home cost in Scotchtown (zip 10941) is $355,900. Home appreciation the last 10 years has been 71.2%. Home Appreciation in Scotchtown (zip 10941) is up 17.6%.
Average Age of Homes
- The median age of Scotchtown (zip 10941) real estate is 40 years old
The Rental Market in Scotchtown (zip 10941)
- Renters make up 25.8% of the Scotchtown (zip 10941) population
- 0.7% of houses and apartments in Scotchtown (zip 10941), 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.