Middle Island, NY is an attractive market for those looking to buy a home. The median house value in the area is $398,800, which is significantly higher than the US median of $338,100. Furthermore, the house appreciation rate in Middle Island has been greater than the national average in the past year at 16.10%, compared to 8.27% throughout the US. This trend indicates that real estate investments in Middle Island are likely to yield great returns for buyers, making it a desirable place to purchase a home.
The median home cost in Middle Island is $398,800. Home appreciation the last 10 years has been 83.6%. Home Appreciation in Middle Island is up 16.1%.
Average Age of Homes
- The median age of Middle Island real estate is 37 years old
The Rental Market in Middle Island
- Renters make up 22.1% of the Middle Island population
- 1.6% of houses and apartments in Middle Island, 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.