Zip 14218 (Lackawanna, NY) Housing

The housing median value in 14218 Lackawanna, NY is $174,500, which is significantly lower than the US House Median Value of $338,100. However, the one-year house appreciation in 14218 Lackawanna is 12%, which is higher than the national average of 8.27%. This suggests that there may be potential for growth in this area and that housing prices could increase over time. Therefore, it could be a great investment opportunity to purchase real estate here.

The median home cost in Lackawanna (zip 14218) is $174,500. Home appreciation the last 10 years has been 109.1%. Home Appreciation in Lackawanna (zip 14218) is up 15.3%.

Average Age of Homes

- The median age of Lackawanna (zip 14218) real estate is 67 years old

The Rental Market in Lackawanna (zip 14218)

- Renters make up 38.3% of the Lackawanna (zip 14218) population
- 0.8% of houses and apartments in Lackawanna (zip 14218), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lackawanna, New York	United States
	9,624.0	139,647,020.0
	69	42
	$174,500	$338,100
	15.3%	16.6%
	63.8%	57.0%
	109.1%	101.1%
	$24.29	$10.98
	$3,371	$2,690
	51.4%	57.4%
	8.8%	11.2%
	39.8%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.5%	0.4%
	0.6%	3.6%
	6.3%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.6%	2.4%
	9.9%	2.8%
	15.2%	3.9%
	16.3%	4.5%
	31.8%	11.3%
	14.1%	13.0%
	5.4%	20.1%
	1.4%	13.6%
	1.1%	8.3%
	0.6%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.4%	13.6%
	1.4%	13.6%
	2.9%	13.6%
	2.4%	13.2%
	7.2%	14.8%
	2.9%	13.6%
	20.6%	10.0%
	11.7%	4.7%
	33.4%	12.2%

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