City:

Friendship, NY

Friendship is a city in the state of new-york with a population of roughly 2,740. It is in Allegany, New York Its Zip codes include 14739 .

The Relationship Between Home Price Trends and Population Growth in Friendship, NY

Real estate in Friendship, NY is a hot commodity. The town has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.

The average price of a home in Friendship is $269,000, while the average rent for a one-bedroom apartment is $1,050 per month. This high demand has caused the median home price to increase by 116% since 2007, while the median rent has increased by 97%.

Many people are drawn to Friendship because of its close proximity to New York City. The town is only about 30 minutes away from Manhattan and 45 minutes from Albany. Additionally, Friendship offers a variety of amenities that make it an attractive place to live. There are several restaurants and shops located within walking distance of most homes, as well as a public library and recreation center.

Despite the high demand for property in Friendship, there are still some available units that can be rented or purchased. If you're looking for something affordable but still want access to all the city has to offer, consider looking into purchasing a condo or townhome instead of buying an outright property.

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