Red Hook, NY has an impressive median housing value of $469,500, which is significantly higher than the US house median value of $338,100. Over the past year, the appreciation of houses in Red Hook, NY has been even more impressive at 10.37%, as compared to 8.27% for the US average. This makes Red Hook a desirable location for those looking to purchase a home and benefit from increases in home values that have outpaced the national rate over the last year.
The median home cost in Red Hook is $469,500. Home appreciation the last 10 years has been 71.1%. Home Appreciation in Red Hook is up 14.0%.
Average Age of Homes
- The median age of Red Hook real estate is 48 years old
The Rental Market in Red Hook
- Renters make up 23.5% of the Red Hook population
- 0.8% of houses and apartments in Red Hook, 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.