12734 Ferndale, NY is a great place to live and invest in housing. The median value of homes in 12734 Ferndale, NY is $254,500 which is significantly lower than the US House Median Value of $338,100. Although this is the case, housing appreciation in 12734 Ferndale, NY has been very impressive over the past year with an increase of 12.09%, compared to the US 1 year House Appreciation rate of 8.27%. This indicates that investing in housing in 12734 Ferndale, NY can be a lucrative endeavor for many who want to get into the real estate market.
The median home cost in Ferndale (zip 12734) is $254,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Ferndale (zip 12734) is up 14.6%.
Average Age of Homes
- The median age of Ferndale (zip 12734) real estate is 50 years old
The Rental Market in Ferndale (zip 12734)
- Renters make up 18.4% of the Ferndale (zip 12734) population
- 0.0% of houses and apartments in Ferndale (zip 12734), 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.