Scarsdale appreciation rates and housing market information

Scarsdale housing market information

With 17,823 people, 5,795 houses or apartments, and a median cost of homes of $1,598,479, Scarsdale house prices are not only among the most expensive in New York, Scarsdale real estate also is some of the most expensive in all of America.

Scarsdale is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Scarsdale than is found in 99.63% of the communities in America.

And, as is not surprising, these large homes are primarily owner-occupied (89.04%).

The housing in Scarsdale was primarily built before 1939 (50.09%), making the housing stock in Scarsdale some of the older overall in America, although there is a range of ages of homes in Scarsdale. The next most important Scarsdale housing age is 1940-1969 (38.52%), followed by 1970-1994 (10.23%). There's also some housing in Scarsdale built between 1995 and later (1.16%).

Scarsdale home appreciation rates

In the last 10 years, Scarsdale has experienced some of the highest home appreciation rates of any community in the nation. Scarsdale real estate appreciated 142.17% over the last ten years, which is an average annual home appreciation rate of 14.21%, putting Scarsdale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Scarsdale definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Scarsdale appreciation rates have trailed the rest of the nation. In the last twelve months, Scarsdale's appreciation rate has been -3.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Scarsdale were at -0.53%, which equates to an annual appreciation rate of -2.12%.

Notably, Scarsdale's appreciation rate in the latest quarter is one of the lowest in America.

Relative to New York, our data show that Scarsdale's latest annual appreciation rate is higher than 37% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Scarsdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Scarsdale - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Scarsdale real estate investment or home purchase decisions.