Adams, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Adams, NY Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Adams Housing Market Information

With a population of 1,829, 731 total housing units (homes and apartments), and a median house value of $156,835, Adams 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 Adams, accounting for 57.25% of the village's housing units. Other types of housing that are prevalent in Adams include duplexes, homes converted to apartments or other small apartment buildings ( 21.81%), large apartment complexes or high rise apartments ( 16.11%), and a few row houses and other attached homes ( 2.48%).

The most prevalent building size and type in Adams are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 54.29% owning and 45.71% renting.

The housing in Adams was primarily built before 1939 ( 58.12%), making the housing stock in Adams some of the oldest overall in America, although there is a range of ages of homes in Adams. The next most important housing age is between 1970-1999 ( 20.94%), followed by between 1940-1969 ( 16.73%). There's also some housing in Adams built between 2000 and later ( 4.21%).

Adams Home Appreciation Rates

Appreciation rates for homes in Adams have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.21%, which ranks in the top 30% nationwide. This equates to an annual average Adams house appreciation rate of 0.89%.

Over the last year, Adams appreciation rates have trailed the rest of the nation. In the last twelve months, Adams's appreciation rate has been 2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Adams were at -4.25%, which equates to an annual appreciation rate of -15.94%.

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

Relative to New York, our data show that Adams's latest annual appreciation rate is higher than 50% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$156,835

Adams, NY HOME PRICES

Value Range
> $993,000 1.2
$744,001 - $993,000 0.0
$496,001 - $744,000 1.9
$397,001 - $496,000 3.0
$298,001 - $397,000 3.1
$198,001 - $298,000 28.0
$99,001 - $198,000 27.7
$50,001 - $99,000 17.3
$0 - $50,000 17.9

Average for NY
Average for Nation

Value Relative to Nation Value Relative to State
47.05847884683 56.341189674523

Number Of Homes And Apartments:
731

Adams Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
95.91% 3.98% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,064 / per month

Homeownership Rate

Homeownership
Owners 54.29
Renters 45.71
Vacant 9.42

Housing Market Details

 

Age of Homes

AGE OF Adams HOMES
2000 or Newer 4.2
1970 - 1999 20.9
1940 - 1969 16.7
1939 or Older 58.1

Types of Homes

TYPE OF Adams HOMES
Single-Family 57.2
Townhomes 2.5
Small Apt. Buildings 21.8
Apt. Complexes 16.1
Mobile Homes 2.4
Other 0.0

Home Size

SIZE OF Adams HOMES
No Bedroom 5.20
1 Bedroom 20.07
2 Bedrooms 15.37
3 Bedrooms 34.70
4 Bedrooms 18.22
5 or more bedrooms 6.44

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Zip Codes in Adams, NY