The housing market in Prospect, NY (13435) is thriving. The median value of homes in this area is significantly lower than the US house median value, at $146,100 compared to $338,100. However, this does not reflect the rate of appreciation for property in Prospect over a one year period – 11.97%, which is higher than the US 1 year house appreciation of 8.27%. This suggests that Prospect is an attractive location for investment in real estate and a great place to find a home.
The median home cost in Prospect (zip 13435) is $146,100. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Prospect (zip 13435) is up 15.8%.
Average Age of Homes
- The median age of Prospect (zip 13435) real estate is 78 years old
The Rental Market in Prospect (zip 13435)
- Renters make up 19.7% of the Prospect (zip 13435) population
- 0.0% of houses and apartments in Prospect (zip 13435), 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.