The small town of 12778 Smallwood, NY boasts a strong housing market with the median value of homes currently at $162,200. This is significantly lower than the national median value of $338,100 but in the past year, the appreciation rate for houses in 12778 Smallwood has been 12.09%, which is higher than the national average of 8.27%. This indicates that housing in this area is a sound investment and provides an excellent opportunity for potential buyers to purchase homes below market rates and enjoy long-term gains as they appreciate in value over time.
The median home cost in Smallwood (zip 12778) is $162,200. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Smallwood (zip 12778) is up 14.6%.
Average Age of Homes
- The median age of Smallwood (zip 12778) real estate is 73 years old
The Rental Market in Smallwood (zip 12778)
- Renters make up 3.7% of the Smallwood (zip 12778) population
- 0.0% of houses and apartments in Smallwood (zip 12778), 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.