The housing market in 13640 Wellesley Island, NY is showing positive appreciation compared to the national median value. The median value of housing in 13640 Wellesley Island, NY is $409,400 while the US House Median Value is $338,100. This represents an 8.27% appreciation over the last year for US housing and a 9.27% appreciation for Wellesley Island over the same period. This indicates that homes in this area are more likely to appreciate than houses across the country as a whole. Additionally, with its median house value being higher than the national median suggests that owning a home in this area has potential for greater returns on investment.
The median home cost in Wellesley Island (zip 13640) is $409,400. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Wellesley Island (zip 13640) is up 11.4%.
Average Age of Homes
- The median age of Wellesley Island (zip 13640) real estate is 34 years old
The Rental Market in Wellesley Island (zip 13640)
- Renters make up 0.0% of the Wellesley Island (zip 13640) population
- 0.0% of houses and apartments in Wellesley Island (zip 13640), 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.