12185, Valley Falls, NY

Valley Falls is a small town in the Southern Tier of New York, and it has been experiencing an upswing in home prices over the past few years. The median home price in Valley Falls is currently $129,000, which is considerably higher than the statewide median of $101,500. This increase can be partially attributed to the fact that Valley Falls is located within a desirable area, and it also has low unemployment rates.

One factor that could potentially dampen the market for Valley Falls homes is the fact that interest rates are currently at historic lows. If interest rates rise significantly, this could lead to a decrease in home values as buyers may be less likely to purchase a home if they are only able to get a lower rate on their loan. However, so far there does not appear to be any indication that interest rates will increase significantly any time soon.

Overall, it seems that Valley Falls homes are selling well and there appears to be strong demand for property here. If you're looking for a place to live in the Southern Tier of New York, you might want to consider checking out Valley Falls!