The housing market in 14775 Ripley, NY is significantly different than the US median. The median value of housing in Ripley is $118,500 compared to the US median of $338,100. However, the appreciation rate of houses in Ripley is much higher at 12.09% compared to 8.27% for the US as a whole. This suggests that homes in Ripley are currently appreciating faster than the US average and may be a good investment for potential buyers.
The median home cost in Ripley (zip 14775) is $118,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Ripley (zip 14775) is up 14.6%.
Average Age of Homes
- The median age of Ripley (zip 14775) real estate is 64 years old
The Rental Market in Ripley (zip 14775)
- Renters make up 15.0% of the Ripley (zip 14775) population
- 1.6% of houses and apartments in Ripley (zip 14775), 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.