Plattsburgh, NY

Population: 19,898
Average annual home appreciation rate: -0.39%
Total of homes for sale in this market: 153
Median home price: $138,650
Median Rent: $738 per room
Home price range: 52.97% of homes are between $98,001 – $197,000
Median sales price: $150,000
Number of homes: 122
Median foreclosure sales price: $114,722
Foreclosure discount: 24%
Most common home type: 32.77% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.45%
Number of renters: 67.23%
Number of owner occupied: 32.77%
Number people living below poverty level: 20.54%
Unemployment rate: 6.00%
Is this area perfect for real estate deals going on right now? Looking at the market data for Plattsburgh, it looks as though it’s trying hard to make its promised comeback. The home prices, high rental rates, and improving appreciation rates are such that the savvy investor could make a great return on investment. Getting in this market early could be a great ride to the top.

Leave a Reply

Your email address will not be published. Required fields are marked *