Roscoe appreciation rates and housing market information

Roscoe housing market information

With 2,483 people, 2,769 houses or apartments, and a median cost of homes of $154,900, Roscoe real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Roscoe, accounting for 75.55% of the town's housing units. Other types of housing that are prevalent in Roscoe include mobile homes or trailers (18.63%), duplexes, homes converted to apartments, or other small apartment buildings (4.19%), and a few row houses and other attached homes (0.87%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Roscoe. Owner-occupied housing accounts for 40.09% of Roscoe's homes, and 53.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Roscoe built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Roscoe built from 1939 and earlier (29.91%). A lesser amount of the housing stock also hails from 1940-1969 (26.72%), and some were built from 1995 and later (26.72%).

A decent proportion of the Roscoe housing stock is seasonally occupied. That is, homes and condos in Roscoe are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Roscoe housing market speaks to its popularity as a vacation location of choice.

Roscoe home appreciation rates

Appreciation rates for homes in Roscoe have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 89.51%, which ranks in the top 30% nationwide. This equates to an annual average Roscoe house appreciation rate of 8.95%.

NeighborhoodScout's data show that during the latest twelve months, Roscoe home appreciation rates, at 2.37%, have been at or slightly above the national average. In the latest quarter, Roscoe's appreciation rate has been 0.75%, which annualizes to a rate of 3.00%.

Relative to New York, our data show that Roscoe's latest annual appreciation rate is higher than 67% of the other cities and towns in New York.