Zip 12585 (Verbank, NY) Housing

Housing in 12585 Verbank, NY is well above the national median value of $338,100. In 12585 Verbank, NY the median value for housing is $497,000. This is far higher than the national average and has seen a 10.37% appreciation over the past year - higher than the 8.27% national average. This indicates that investing in housing in this area would be a profitable endeavor.

The median home cost in Verbank (zip 12585) is $497,000. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Verbank (zip 12585) is up 14.0%.

Average Age of Homes

- The median age of Verbank (zip 12585) real estate is 46 years old

The Rental Market in Verbank (zip 12585)

- Renters make up 5.4% of the Verbank (zip 12585) population
- 0.0% of houses and apartments in Verbank (zip 12585), 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	Verbank, New York	United States
	414.0	139,647,020.0
	77	42
	$497,000	$338,100
	14.0%	16.6%
	58.0%	57.0%
	71.1%	101.1%
	$21.91	$10.98
	$8,370	$2,690
	71.3%	57.4%
	8.7%	11.2%
	20.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	4.3%	0.4%
	4.3%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	3.1%	13.0%
	8.5%	20.1%
	26.1%	13.6%
	10.8%	8.3%
	41.4%	9.7%
	10.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	1.9%	13.6%
	15.5%	13.2%
	12.6%	14.8%
	1.9%	13.6%
	1.0%	10.0%
	8.2%	4.7%
	47.1%	12.2%

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