Pearl River (Orangeburg), NY

Population: 15,876
Average annual home appreciation rate: 4.63%
Total of homes for sale in this market: 45
Median home price: $469,184
Median Rent: $1,452 per room
Home price range: 33.23% of homes are between $409,001 – $511,000
Median sales price: $440,000
Number of homes: 65
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 74.06% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 5.86%
Number of renters: 18.69%
Number of owner occupied: 81.31%
Number people living below poverty level: 6.04%
Unemployment rate: 4.60%
Is this area perfect for real estate deals going on right now? The combination of the positive appreciation rates, home prices, and high rental rates, this could be the right recipe for success for the savvy buy and hold investor.

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