In 14527 Penn Yan, NY the housing median value is $243,100. This is significantly lower than the US median house value of $338,100. Despite this difference the area has seen a greater one year appreciation rate at 14.78%, compared to 8.27% for the US overall which shows a strong local housing market in Penn Yan. It is likely that more people are taking advantage of the affordable prices and high appreciation rates here in 14527 Penn Yan, NY making it an attractive investment market.
The median home cost in Penn Yan (zip 14527) is $243,100. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Penn Yan (zip 14527) is up 15.3%.
Average Age of Homes
- The median age of Penn Yan (zip 14527) real estate is 61 years old
The Rental Market in Penn Yan (zip 14527)
- Renters make up 19.2% of the Penn Yan (zip 14527) population
- 1.9% of houses and apartments in Penn Yan (zip 14527), 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.