The housing in Palenville, NY is quite affordable compared to the US median value of $338,100. The median value for a house in Palenville is $204,400 and has seen appreciation of 14.80% over the past year -- considerably higher than the 8.27% national average. This makes Palenville an attractive option for those looking to buy a home at a reasonable price with good potential for appreciation.
The median home cost in Palenville is $204,400. Home appreciation the last 10 years has been 109.3%. Home Appreciation in Palenville is up 24.5%.
Average Age of Homes
- The median age of Palenville real estate is 54 years old
The Rental Market in Palenville
- Renters make up 19.9% of the Palenville population
- 0.7% of houses and apartments in Palenville, 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.