The housing market in Springwater, NY (14560) is an attractive option for those looking to buy a home. The median value of a house in this area is $174,100, which is significantly lower than the national median value of $338,100. Furthermore, while the national housing appreciation rate for the past year has been 8.27%, in Springwater it was up 14.78%. This makes it an ideal place to invest in a house as the rate of return on the purchase price may be higher than that seen across the country.
The median home cost in Springwater (zip 14560) is $174,100. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Springwater (zip 14560) is up 15.3%.
Average Age of Homes
- The median age of Springwater (zip 14560) real estate is 46 years old
The Rental Market in Springwater (zip 14560)
- Renters make up 6.1% of the Springwater (zip 14560) population
- 0.5% of houses and apartments in Springwater (zip 14560), 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.