Forest Home, NY is an affluent community with a median home value of $654,100, significantly higher than the US median home value of $338,100. Despite this significant difference in housing values, the rate of 1 year house appreciation is not too far off from the US national average at 7.27%. With its high median home values and relatively low appreciation rate, Forest Home, NY is an attractive place for those looking for a safe investment in the real estate market.
The median home cost in Forest Home is $654,100. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Forest Home is up 12.7%.
Average Age of Homes
- The median age of Forest Home real estate is 48 years old
The Rental Market in Forest Home
- Renters make up 71.6% of the Forest Home population
- 2.9% of houses and apartments in Forest Home, 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.