The housing market in Depew, NY is a vibrant and dynamic one. The median value of homes in Depew is $204,100, which is significantly lower than the US median value of $338,100. In the past year, the national rate of appreciation was 8.27%, while homes in the Depew area have appreciated at a higher rate of 10.81%. This suggests that investing in real estate in this region could be profitable. There is a great opportunity for those looking to purchase or invest in housing in Depew as prices are currently relatively low and there is an increased appreciation rate which may continue to increase over time.
The median home cost in Depew (zip 14043) is $204,100. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Depew (zip 14043) is up 13.0%.
Average Age of Homes
- The median age of Depew (zip 14043) real estate is 52 years old
The Rental Market in Depew (zip 14043)
- Renters make up 29.1% of the Depew (zip 14043) population
- 1.2% of houses and apartments in Depew (zip 14043), 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.